TOP 10 REASONS FOR NASDAQ INDEX DECLINE
Image credit: Unsplash
The Nasdaq fell 3.08%.
U.S. INFLATION RISES TO 40 YEAR HIGH
US CPI Increases by 8.2% Year Over Year
U.S. 10-YEAR BOND YIELD BREAKS 4%
US DOLLAR INDEX GAINS TO 113.170 AGAINST POUND & YEN
As fears of a retrogression increase, oil prices drop sharply.
The CBOE Volatility Index is still ab
ove 30.
AMID RECESSION RISK, INVESTORS AVOID BUYING
INFLATION IS NOT YET PEAK THAT CONCERNED MARKET PARTICIPANTS
NASDAQ WEIGHED BY TECH-HEAVY STOCKS, TESLA DOWN 7
.5%
AGGRESSIVE SHORTING BET ON GROWTH STOCKS