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...The S&P 500 ended 1.6 per cent lower on Tuesday for its biggest one-day drop since the end of January, while the tech-heavy Nasdaq Composite dropped 2 per cent....
...S&P said it originally expected the war would not last “more than six months” as it downgraded Israel’s sovereign credit rating from double A minus to A plus....
...The benchmark S&P 500 fell 0.2 per cent on Thursday afternoon, notching five straight daily losses for the first time since October....
...The S&P 500 declined on Thursday, headed for its fifth straight loss since October....
...The S&P 500 notched its first gain of the week, recovering from a back-to-back decline, as traders took in new data that indicated a softening US economy....
...Thursday’s small gain left the S&P 500 up 10.2 per cent this year, while the Nasdaq Composite has added 9 per cent....
...Some of the biggest losers in the S&P index included Nvidia, down 10 per cent for its worst day since March 2020, and Facebook parent Meta, down 4.1 per cent....
...About nine in 10 S&P 500 stocks were trading lower as traders assessed US inflation data that was higher than expected for March....
...The benchmark S&P 500 was down 1.5 per cent in Friday afternoon trading....
...Gains for stocks accelerated in the final hour of trading to leave the S&P 500 up 0.9 per cent....
...Wall Street’s S&P 500 was down 0.1 per cent. Consumer discretionary, industrials and tech were the benchmark’s worst-performing sectors, down 0.5 per cent, 0.4 per cent and 0.3 per cent, respectively....
...Wall Street’s S&P 500 was down 0.1 per cent on Monday....
...In the European tech sector, you can attribute the high P/E to heavy weighting of expensive ASML and SAP, which together make up half the sub-index....
...Overall, almost three-quarters of the S&P 500’s constituents fell, with pharmacy operator Walgreens Boots Alliance the worst performer with a 9.9 per cent drop....
...Gains for stocks accelerated in the final hour of trading to leave the S&P 500 up 0.9 per cent on Wednesday....
...Thus only a fraction of overall AUM is deployed in strategies that have a direct impact on the VIX® index (e.g. 1-month over/underwriting strategies on the S&P 500 index)....
...S&P Global Ratings has made a hefty revision to its US economic forecast, citing a bigger than expected expansion at the end of last year and a labour market that looks more solid than a month ago....
...US stocks continued their soggy start to the second quarter, with the S&P 500 notching back-to-back losses that pulled it back from last week’s record high....
...The energy sector was up 1.2 per cent during lunchtime trading, making it the best-performing sector in the S&P 500 on Monday....
...The benchmark S&P 500 closed 0.7 per cent lower on Tuesday, its biggest one-day drop since early March....
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