Wall St Week Ahead Rollercoaster week in US stocks leaves investors braced for bumps ahead
U.S. stock markets have experienced significant volatility recently, spurred by alarming economic data and the unwinding of yen-fueled trades.
The S&P 500 is down about 6% from its recent peak, despite recent rallies following a major selloff.
Investors are closely watching upcoming inflation reports, corporate earnings, and presidential polls for clues on future market stability.
Concerns over a potential economic downturn have increased, driven by weaker-than-expected manufacturing and employment data.
The Cboe Volatility Index, known as Wall Street’s fear gauge, spiked dramatically, indicating heightened investor anxiety
Historical trends suggest that periods of high volatility may persist for months.
Futures markets are now forecasting a higher likelihood of interest rate cuts by the Federal Reserve in September to address these concerns.