Top news
Global stock markets record worst week in more than a year
By George Steer, Nicholas Megaw & Naomi Rovnick
Dow drops 540 points, Nasdaq falls 2.6% as 10-year yield rises to 2-year high
By Fred Omar Imbert & Maggie Fitzgerald
Nasdaq continues to fall as US stocks sell off
By Kate Duguid & Naomi Rovnick
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Formerly TwitterLiz Ann Sonders
LizAnnSonders
Ended up being a flat day for overall market, but Cons Staples saw largest gain while Industrials fell most; Energy continues to lead MTD … small caps struggled relative to large caps, with Russell 2000 Growth falling most today; Russell 2000 Value still in last place YTD pic.twitter.com/ztYYcDwnQc
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Liz Ann Sonders
LizAnnSonders
So far, S&P 500’s selloff since late March has been all multiple contraction (forward P/E, blue) as forward EPS (orange) have moved higher pic.twitter.com/su7aJ9rg5q
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Ryan Detrick, CMT
RyanDetrick
S&P 500 with a max pullback of 5.5% in '24 so far.
Since 1980, only 4 full years saw a smaller pullback.
Avg yr since 1980 with a 14.2% max pullback. pic.twitter.com/2SZwV4mwlL
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