SPX daily
SPX daily
It was a bloodbath today, especially for any company that had supplied chains in Southeast Asia or the consumer. There was hardly a rescue company.
The definitions certainly do not hit all companies, but the market is priced at the risk of stagnation. It may be dependent on what extent does it need to be tilted towards this risk on the table of salaries and not planted comments on Friday from the President of the Federal Reserve Powell at 11:25 am.
- S & P 500 -4.8 % -Worse since June 2020
- Nasdaq comp –6.0 % – the worst since March 2020
- DJIA -4.0 %
- Russell 2000 -6.4 % -Worse since June 2020
- Toronto Tsx Comp -3.8 %
- Mexican bag +3.2 %
Well, at least there is no pandemic.
Russell 2000 has now decreased by 20 % of the altitudes, which is the usual definition of the bear market. It is at the lowest level in 14 months and is circulated at the same levels as in late 2020.
Mexico does not seem to tell the news and it has been late.
Some prominent engines:
- Apple -10 %
- Amazon -9 %
- Meta -8.7 %
- Tesla -5.7 %
- Best Buy -17.6 %
- Shopify -20.2 %
- Restoration devices -39.5 %
- Ralph Lauren -16.5 %
- United Airways -15.4 %
- Nike -13.8 %
- Citigroup -12.0 %
This is a bloodbath, self -disease. I imagine that the White House will deal with some very angry voters.
The numbers on this hat are very generous