Stock market
Why the stock market tumbled after the midterm surge
The stock market tanked on Thursday after an initial post-midterm surge. CBS News' Kelly O'Grady breaks down what happened.
Related discussion groups
No group discusses this yet. Start a discussion group and attach this story.
More on Stock market
- Japan Bonds Rally as Global Risk-Off Move Boosts Haven DemandJapanese government bonds rose on Friday, tracking a rally in US Treasuries, as a US stock selloff spilled into Asian markets and deepened a broader risk-off move.
- Bloomberg Businessweek Daily Podcast: AI Rout Rattles MarketsThe people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF A post-election slide in chipmakers snowballed as investors bailed...
- Japanese Equities Set to Plunge as AI Selloff ContinuesJapanese equity futures are pointing to declines following a tech stock rout in the US as investors exited the sector over concerns about the artificial intelligence trade after a Democratic sweep...
- Markets tank after post-Election Day surgeStocks nosedived on Thursday, one day after rallying on the heels of Democrats’ resounding midterm victories. The Dow Jones Industrial Average tumbled by more than 2,100 points from the opening bel...
- AUD/USD breaks 0.6950 as NASDAQ rout threatens key 0.6900 supportThe Australian Dollar collapsed over 1% on Thursday as risk appetite soured and US tech stocks sold off, while strong US jobs data boosted the US Dollar ahead of Friday’s crucial Nonfarm Payrolls r...
- Live Updates: Asian Stocks Brace for AI Selloff After Worst US Market Rout