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On Monday, the US stock market exhibited volatility as the VIX index spiked by 8%, while the S&P 500 Index slipped. Meanwhile, investors sought solace in fixed-income securities such as bonds and gold, amidst growing concerns over economic growth. In

Benzinga LogoBenzinga3w ago

 On Monday, the US stock market exhibited volatility as the VIX index spiked by 8%, while the S&P 500 Index slipped. Meanwhile, investors sought solace in fixed-income securities such as bonds and gold, amidst growing concerns over economic growth. In - Benzinga

Quick Summary:

The CBOE Volatility Index (VIX), known as the market fear gauge, surged by 9% on a day marred by temporary technical glitches affecting several NYSE-listed stocks, including Berkshire Hathaway Inc.(NYSE:BRK) (NYSE:BRK) and Chipotle Mexican Grill Inc.(NYSE:CMG).At 12:40 p.m.in New York, the Nasdaq 100 index was down 0.5%, eyeing its fourth consecutive session of declines, potentially marking its longest losing streak since early January 2024.

All major U.S.equity indices opened the week with losses, as traders shifted to safe-haven bonds and gold amid concerns affecting the health of the U.S.manufacturing activity.

The Dow Jones Industrial Average underperformed tech-heavy indices due to sharp losses in the energy and industrials sectors, weighing down the blue-chip index.


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 On Monday, the US stock market exhibited volatility as the VIX index spiked by 8%, while the S&P 500 Index slipped. Meanwhile, investors sought solace in fixed-income securities such as bonds and gold, amidst growing concerns over economic growth. In - Benzinga (Picture 1)

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Article Details

Author / Journalist: Piero Cingari

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-03 @ 17:32:44 (3 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 411 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © Benzinga

News ID: 21140245

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About Benzinga

Benzinga Logo

Main Topics: Technology

Official Website: benzinga.com

Year Established: 2010

Headquarters: United States

News Last Updated: 1 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

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