• Traders are glued to a key level on the charts

    8 days ago - By Business Insider

    US stock markets on Wednesday faced their worst sell-off since February.
    Traders are paying close attention to key technical levels, and right now the 200-day moving average is in focus.
    The S&P 500's 200-day moving average has been tested three times this year, and has so far managed to hold.
    The Nasdaq has already plunged below the technical level for first time since June 2016.
    US stock markets witnessed their heaviest selling since February on Wednesday, with all of the major averages tumbling to their lowest levels in three months.
    Amid the recent selling, the Cboe Volatility Index...
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  • Oil falls 2.5 percent as equity markets drop, inventories climb

    Oil falls 2.5 percent as equity markets drop, inventories climb

    8 days ago - By Reuters

    Oil prices slumped to more than two-week lows on Thursday as global stock markets fell, with investor sentiment made more bearish by a bigger-than-expected U.S. crude inventories build.
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  • Two-thirds of the stock market has tumbled into a correction - and that could be signaling that the worst is yet to come

    Two-thirds of the stock market has tumbled into a correction - and that could be signaling that the worst is yet to come

    8 days ago - By Business Insider

    Two-thirds of the S&P 500 finished Wednesday in correction territory, while 28% of stocks in the index were mired in bear markets.
    This building weakness had largely been masked by the outsized leadership of mega-cap tech stocks, but it's come to a head this week.
    Experts across Wall Street have cited this type of deteriorating breadth as a bearish signal for the future of the stock market.
    The stock market sell-off has everyone's attention as it rips through multiple regions worldwide , spilling into risk assets of all sorts.
    But it may actually be worse than it seems on the...
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