1
US stocks fell for 3 days in a row after the retail sales data showed two-fold growth.
2
Global markets are down after the hope of quick rate cuts was lost in the economy.
The opening bell on Wall Street and other Asian markets today sounded not so good to investors all around the world. Globally, the markets are showing negative sentiment.
The Nasdaq was down 59 basis points while the S&P 500 was holding hands together at 56 basis points. Excluding Japan’s Nikkei, all the Asian and European markets showed somewhat similar sentiments. Along with that, the Volatility Index (VIX) was 6% up, showing the increasing fear in the market.
Looks like the Christmas party is over on Wall Street after the NASDAQ, Russell 2000, and S&P 500 all traded at the sky limit. The retail sales data came during the sunny day and brought stormy clouds alongside.
What is the Reason for the Fall?
What is causing the fall in the markets, the reason is the FED’s
We współpracy z: https://www.thecoinrepublic.com/2024/01/18/markets-today-nasdaq-and-sp500-down-after-the-us-retail-data/
