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Investors dump tech stocks in Wall Street sell-off after US jobs report
By Joe Rennison & Naomi Rovnick
Dow drops 900 points after first case of Omicron variant in U.S. revealed
Stocks fall on Friday to cap tumultuous week of trading from new Covid variant threat
By Hannah Miao & Maggie Fitzgerald
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Formerly TwitterRyan Detrick, CMT
RyanDetrick
How rare was Friday?
More than 300 stocks in S&P 500 were green, yet the index was down 0.9%.
Using data back to 1998 that happened only ONE OTHER TIME.
10/2/20 saw 313 stocks up, but it fell 1.0%.
Again, things are improving under the surface if you look at the data.
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Carl Quintanilla
carlquintanilla
KOLANOVIC: Stock market “could stabilize near-term. Beyond this, however, we think the sell-off has further to go. We remain concerned about continued complacency in equity valuations, inflation staying too hot, further Fed repricing, and a profit outlook where the implied… pic.twitter.com/BrvKCyZRKH
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ET NOW
ETNOWlive
India VIX index nosedives more than 20% - Know how it impacts stock markets
www.etnownews.com/markets/india-vix-index-nosedives-more-than-20-know-how-it-impacts-stock-markets-article-109529271
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Holger Zschaepitz
Schuldensuehner
To put things into perspective: In the US, the risk-free yield is now higher than the risky stock market yield. 10y US yields have jumped to 4.62 this week while S&P 500 earnings yield (1/PE ratio) trades at 4.21%. pic.twitter.com/Rig019YxVA
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Dow finishes 460 points lower in major reversal triggered by first U.S. omicron case
By Jesse Pound & Maggie Fitzgerald