BEAMSTART Logo

Analysis:Global stock traders face dip-buying dilemma after crushing selloff

Channel News Asia LogoChannel News Asia9h ago

Analysis:Global stock traders face dip-buying dilemma after crushing selloff - Channel News Asia

Quick Summary:

A selloff that rocked equity markets around the world is clouding the outlook for investors looking to buy stocks on the cheap, as worries over the U.S.economy and disappointing tech earnings threaten more losses ahead.

The Cboe Volatility index - known as Wall Street’s fear gauge - hit its highest since March 2023 on Friday as demand for options protection against a stock market selloff surged.

The S&P 500 was trading last week at 20.8 times forward 12-month earnings estimates, down from 21.7 reached in mid-July, according to LSEG Datastream.


More Pictures

Analysis:Global stock traders face dip-buying dilemma after crushing selloff - Channel News Asia (Picture 1)Analysis:Global stock traders face dip-buying dilemma after crushing selloff - Channel News Asia (Picture 2)

or

Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-04 @ 19:02:20 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 931 words

Reading Time: 6 minutes read

Sentences: 35 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 21916773

View Article Analysis

About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 3 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 2 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Analysis:Global stock traders face dip-buying dilemma after crushing selloff" has 931 words across 35 sentences, which will take approximately 4 - 8 minutes for the average person to read.

Which news outlet covered this story?

The story "Analysis:Global stock traders face dip-buying dilemma after crushing selloff" was covered 9 hours ago by Channel News Asia, a news publisher based in Singapore.

How trustworthy is 'Channel News Asia' news outlet?

Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news.

The outlet is headquartered in Singapore and publishes an average of 3 news stories per day.

It's most recent story was published 2 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #21916773
  • URL: https://beamstart.com/news/analysisglobal-stock-traders-face-dip-172278174732

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.