Also Read: Amazon CEO Jeff Bezos Becomes the World's First $200 Billion ManIt’s unclear what the driving factor or factors were behind the sell-off, although growing tensions between the U.S.
and China could be playing a key role.“Although there is no single driver for the weakness, it seems as if investors all of a sudden realized how overbought stocks are and sold.
Someone yelled fire in a crowded theater and everyone left at once,” Ryan Detrick, chief market strategist for LPL Financial, told CNN on Thursday.Another explanation could be simply that investors are taking some money off the table after the market has been on a major bull run.
Read more on thewrap.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.