(Bloomberg) — The volatility that’s gripped financial markets this year tightened its hold on American stocks, with a late-session plunge sending the Nasdaq 100 Index into a correction. Most Rea...
Tag: Rout
Chinese Developer Bond Rout Deepens on Hidden Debt Concerns
(Bloomberg) — Fresh turmoil rocked Chinese property bonds on Monday on concern over the true scale of the industry’s hidden debts, deepening a selloff among higher-rated firms. Most Read from Bl...
Axie Infinity Leads Gaming Crypto Crash Amid Wider Market Rout
While most eyes are on Bitcoin plummeting below the $43,000 mark for the first time since late September, and Ethereum falling by more than 13%, major gaming and NFT tokens took their share of the bat...
Heaviest Tech Selling in a Decade Fueled Stock-Market Rate Rout
(Bloomberg) — The hammering in technology stocks that began to spread into the broader market Wednesday is being fueled by one of the most intense bouts of selling by professional speculators si...