Volatility surged back into the market on Wednesday, with the CBOE Volatility Index (VIX) spiking 9% after hitting nearly three-year lows last week, fueled by fresh upticks in Treasury bond yields.
US election in November 2024 is expected to be a major risk event for asset markets in 2024. Goldman Sachs outlines potential impacts based on election outcomes.
Wall Street resumed trading after the Memorial Day holiday with a familiar trend, as major chipmaker stocks significantly outperformed the broader market.
Tech stocks in the Nasdaq 100, as tracked by the Invesco QQQ Trust (NASDAQ:QQQ), soared to record highs during the week, marking their fifth consecutive week of gains — the longest streak since January — driven by Nvidia Corp.‘s (NASDAQ:
Technology stocks surged on Friday, rebounding sharply after Thursday’s decline, as investor confidence in the artificial intelligence-driven rally remained high.
Markets down on tech stock surge, VIX fear index rises. Dow down 1.5%, S&P 500 and Nasdaq 100 down 0.9%. Only chipmakers in green due to Nvidia's earnings report.