Wall Street Tumbles on Renewed Fears: 5 ETFs Standing Tall - Yahoo New Zealand News

U.S. stocks tumbled on Monday’s trading session, triggering another round of aggressive Fed rate hike speculation and sparking fears of a potential economic recession. After the best start to a third quarter since 1932, the S&P 500 saw the worst one-day drop of 2.1% in two months.The Nasdaq Composite Index plunged 2.6%, while the Dow Jones Industrial Average was off 1.9%. Meanwhile, the CBOE Volatility Index, Wall Street's fear gauge, jumped to 24.4, its highest in over two weeks (read: Utility ETFs Scaling New Highs).Though terrible trading in the stock world pushed the ETF space into deep red on the day, a few ETFs still saw strength.

Yahoo     Jun 28, 2024