What Could Have Driven Broader Markets Downward

what could have driven broader markets downward
What Could Have Driven Broader Markets Downward

In the week ended yesterday, US equity indexes’ correlation with September US crude oil futures was as follows: The S&P Mid-Cap 400’s (IVOO) was 12%. The S&P 500’s (SPY) was -5.4%. The Dow Jones Industrial Average’s (DIA) was -43.2%.

Read on The Source

Author: HEDGE

Hedge Accordingly was founded ahead of the global financial crisis in January of 2008, with the goal of providing our readers our unique take on The Latest News on Wall Street, Stocks, #Politics and Business news. Hedge Accordingly produces both original, and aggregated #Wallst news content from top publishers around the world. We curate aggregated content covering the latest news on politics, stocks, wall street, and the tech industry. We also provide free stock charting, quotes and a bitcoin, forex and currency exchange. Learn More About HEDGEaccordingly.com