Today's $63b share plunge is another small twist in a global plot

  • 📰 abcnews
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 16%
  • Publisher: 83%

ANALYSIS: Today's $63b share plunge is another small twist in a global plot

Australia Headlines News

Australia Latest News, Australia Headlines

But the sheer volume of money switching hands on the trading floor right now suggests an enormous amount of tension within financial markets as to how the next chapter, or final few pages, of the post-global financial crisis story will play out.

And the Chicago Board Option Exchange volatility Index rose to just shy of 30. Now it's well down on where it was during the stock crash of 2020, but it was up 3.5 per cent on the day. Overnight it was retail or mum-and-dad investors that rushed to the exits on Wall Street, only for the big fund managers to come swooping in at lunchtime for what they perceived to be bargains.

And there really will be bargains if the Federal Reserve chooses to hold off on lifting interest rates until later in the year.Market participants need to work out if looming threats will hurt the valuations of the stocks that make up the indices.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Has the free money tap been turned off or just closed a bit?

Late OR. A.G. Frohnmayer'd deleted all record in L.C. it shows I'd changed my name to Nadia Sindi. Lift old name Faika Sindi. Changed first letters made it Saika Findi!Trapped me in a Criminal record since 1987!

Similar News:You can also read news stories similar to this one that we have collected from other news sources.