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Stock impact report

Traders Are Cashing Out of Markets En Masse [Yahoo! Finance]

StoneX Group Inc. (SNEX) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Elon Wants His Money Back New York's Rich Get Creative to Flee State Taxes. Auditors Are On to Them Dubai Grinds to Standstill as Flooding Hits City ‘Mag Seven' Get Crushed Before Next Week's Results: Markets Wrap Israel Reported to Have Launched Retaliatory Strike on Iran With Treasury yields breaking out, Federal Reserve hawks ascendant and Middle East strife flaring, money has just been pulled out of equities and junk bonds at the fastest rate in more than a year. Dip-buyers have been muzzled. The S&P 500 fell every day this week as the top seven tech behemoths closed nearly 8% lower, with equity volatility climbing. Fueling the reversal is an uptick in tensions that bulls may be less inclined to brush off after ringing up trillions of dollars in trading profits since late October. First among them is evidence that inflation has supplanted recession as the chief nemesis of central bankers. With commodities surging and economic data stubbornly Show less Read more
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