The Dow fell roughly 473 points today
| 5/11/2021 | | Have you seen our volatility scorecard? Sign up by clicking here! | Major Benchmarks Log Losses Despite Big Tech Bounce | By: Fernanda Horner | Today marked another volatile session on Wall Street, as investors jumped back on the Big Tech bandwagon just hours after its massive selloff started to impact other sectors, including energy and industrials. The Dow closed with a 473-point drop, logging its worst day since Feb. 26. The S&P 500 and tech-heavy Nasdaq closed the session lower as well, despite erasing some of this morning's more substantial losses. Meanwhile, Wall Street's fear gauge -- the Cboe Volatility Index (VIX) -- moved back above the 20 mark to clock its highest close since March 11. A mix of short covering, as well as a rush to buy the dip on stocks were the biggest contributors to today's tech comeback, stoking some of this market volatility. In other news, job openings hit a fresh record in March, though the Labor Department reported employers are struggling to fill these positions. Continue reading for more on today's market, including: - TSLA and NIO moved in opposite directions today.
- Options bears blasted Home Depot stock despite bull notes.
- Plus, massive retailer announces spinoff; unpacking SPCE's earnings miss; and a streaming giant to buy on the dip.
| | | | | Dear Reader, I used to worry about market crashes...but now, I love them, and actually look forward to them. I used this secret in 2000...2008...and again in 2020, and now I'm ready to share it with you. Sincerely, Jeff Clark Get all the details here. Sponsored | | | | | | Wall Street expert Jeff Clark is releasing his #1 stock to trade in 2021. Since he started recommending this stock, you could have used it for gains as high as 269% and even 273%... in as little as 8 days. Click here to learn more NOW. Sponsored | | | | | ADVERTISE // CAREERS // SHOP | Be sure to add us to your contacts so you don't miss out on any news! Unsure of how to do that? Follow our instructions located here. | For more information about our privacy practices, please review our Privacy Policy or our Terms & Conditions. | | 5151 Pfeiffer Road Cincinnati, OH 45242 | If you didn't create an account using this email address or no longer wish to receive these emails, please unsusbscribe here. | | |
No comments:
Post a Comment