Tag

Market Selloff

All articles tagged with #market selloff

Global Markets Drop Amid AI Bubble Concerns and US Election Uncertainty

Originally Published 2 months ago — by Bloomberg.com

Featured image for Global Markets Drop Amid AI Bubble Concerns and US Election Uncertainty
Source: Bloomberg.com

A global selloff in semiconductor stocks has erased approximately $500 billion in market value due to concerns over high valuations and the sustainability of earnings growth amid rising interest rates, with major chipmakers and tech giants experiencing significant declines, signaling a potential correction after a rapid rally driven by AI demand.

Gold and Silver Suffer Biggest Declines in Years Amid Market Turmoil

Originally Published 2 months ago — by Bloomberg.com

Featured image for Gold and Silver Suffer Biggest Declines in Years Amid Market Turmoil
Source: Bloomberg.com

Gold and silver experienced their steepest declines in years, with gold dropping over 6% and silver over 8%, driven by a combination of a strong dollar, technical overbought conditions, and market uncertainties amid US-China trade talks and a US government shutdown, signaling a potential end to their recent rally.

Jamie Dimon Warns of 'Cockroaches' in US Economy Amid Credit Concerns

Originally Published 2 months ago — by Barron's

Featured image for Jamie Dimon Warns of 'Cockroaches' in US Economy Amid Credit Concerns
Source: Barron's

Despite JPMorgan CEO Jamie Dimon's 'cockroach' comment raising concerns about private credit risks, U.S. bank stocks, including Bank of America, are considered undervalued and poised for growth due to strong earnings, economic growth, and technological advancements, making it a good buying opportunity despite recent market declines.

Market Reactions to Dollar Stability, Fed Moves, and Global Tensions

Originally Published 4 months ago — by Fortune

Featured image for Market Reactions to Dollar Stability, Fed Moves, and Global Tensions
Source: Fortune

Global markets declined sharply following President Trump's threats to fire Fed governor Lisa Cook and impose steep tariffs on China, raising concerns about the dollar's role as a reserve currency and Fed independence. Despite some recovery hopes, fears of a weakened dollar and bond market instability persist, reflecting broader geopolitical and economic tensions.

"NYCB Stock Hits 1997 Low Amid Widespread Concerns"

Originally Published 1 year ago — by Yahoo Finance

Featured image for "NYCB Stock Hits 1997 Low Amid Widespread Concerns"
Source: Yahoo Finance

New York Community Bancorp's stock plunged by 22% to its lowest level since 1997, extending a $4.5 billion market capitalization loss triggered by a surprise quarterly loss and dividend cut. Analysts and Moody's Investors Service have raised concerns about the bank's credit and regulatory pressures following asset-boosting deals. Interest in put options on the stock surged, and regional bank stocks have been affected, with the KBW Regional Banking Index down around 12% year-to-date.

"China's Stock Market Turmoil: Understanding the $6 Trillion Selloff and Investor Reluctance"

Originally Published 2 years ago — by Fortune

Featured image for "China's Stock Market Turmoil: Understanding the $6 Trillion Selloff and Investor Reluctance"
Source: Fortune

Chinese stocks have plummeted, erasing over $6 trillion in market value since their 2021 peak, with the Hang Seng China Enterprises Index losing 11% in 2024 and the Nasdaq Golden Dragon China Index slipping for a fifth consecutive day. The market downturn is impacting the nation’s asset management industry, prompting mutual fund closures to reach a five-year high. Despite Beijing's efforts to reassure investors, including ruling out massive stimulus, uncertainties about the economy persist, leading to a loss of investor confidence and a significant underweight allocation to China by Asian fund managers.

JPMorgan Warns of Impending Stock Market Wipeout Due to Unknown Risks and Spiking Rates

Originally Published 2 years ago — by MarketWatch

Featured image for JPMorgan Warns of Impending Stock Market Wipeout Due to Unknown Risks and Spiking Rates
Source: MarketWatch

JPMorgan's US equity research team warns that US stocks could be headed for a selloff due to some murky, unseen catalyst, with the risk of another unknown unknown resurfacing appearing high. The team argues that equity valuations are too elevated once the economy starts to slow, and the long-anticipated recession could begin during the fourth quarter or first quarter of 2024. The team expects a more challenging macro backdrop for stocks in 2H23 with softening consumer trends at a time when equities have rerated sharply.