Traders work during the opening bell at the New York Stock Exchange. Johannes Eisele | AFP | Getty Images Stocks tumbled Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation. The Dow Jones Industrial Average slid 493 points, or 1.3%, weighed down by steep declines in … Read more
Several major gauges of fear in the market are reflecting increased alarm from investors. The Cboe Volatility Index , a measure of anticipated market instability that’s known as Wall Street’s “fear gauge,” topped 19 on Monday and closed at its highest level since October. It neared the key level of 20 in late fall of … Read more
Hedge funds are dumping stocks at the fastest pace in three months as what’s often called ” the smart money ” stepped up bearish wagers against equities amid the recent pullback. The professionals sold global stocks on a net basis for a second straight week last week, driven almost entirely by short sales, according to … Read more
Evercore ISI’s Julian Emanuel thinks Nvidia’s monster rally is fueling a fear of missing out in the market. He finds clients, including many who traded through the dot-com boom and subsequent collapse, are more worried about being underinvested than overexposed right now. “That’s the first time that’s happened since 2021 for us,” the firm’s senior … Read more