U.S. Stocks Sell Off in Worst Week Since October: Markets Wrap
Bloomberg 1/29/2021 Kamaron Leach and Robert Brand © Bloomberg A pedestrian wearing a protective face mask is reflected in an electronic stock board outside a securities firm in Tokyo, Japan, on Thursday, Oct. 29, 2020. Japanese stocks pared losses after the Bank of Japan’s policy decision and as U.S. futures bounced back following a global equity rout.
(Bloomberg) Global equities slumped in a broad retreat that extended across industries amid lingering concerns that retail trading was creating havoc and as traders mulled an uncertain outlook for deploying coronavirus vaccines. Treasury yields rose.
U S Stock Futures Pare Losses; Bond Yields Rise: Markets Wrap
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U.S. stocks sell off in worst week since October
Robert Brand, Bloomberg News VIDEO SIGN OUT
Global equities slumped in a broad retreat that extended across industries amid lingering concerns that retail trading was creating havoc and as traders mulled an uncertain outlook for deploying coronavirus vaccines. Treasury yields rose.
The S&P 500 Index fell almost 2 per cent, turning negative for the year and posting its biggest weekly decline in three months as day tradersâ bids for heavily-shorted stocks fueled speculation hedge funds would need to reduce their market exposure. GameStop Corp. and AMC Entertainment Holdings Inc. soared in a return of volatility for stocks popular in internet chat rooms as brokerages said they would start to ease trading restrictions imposed after wild swings this week.
U.S. stocks sell off in worst week since October
Robert Brand, Bloomberg News VIDEO SIGN OUT
Global equities slumped in a broad retreat that extended across industries amid lingering concerns that retail trading was creating havoc and as traders mulled an uncertain outlook for deploying coronavirus vaccines. Treasury yields rose.
The S&P 500 Index fell almost 2 per cent, turning negative for the year and posting its biggest weekly decline in three months as day tradersâ bids for heavily-shorted stocks fueled speculation hedge funds would need to reduce their market exposure. GameStop Corp. and AMC Entertainment Holdings Inc. soared in a return of volatility for stocks popular in internet chat rooms as brokerages said they would start to ease trading restrictions imposed after wild swings this week.