• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Investing

Wall Street bleeds more in Monday’s final trading hours, S&P 500 down 3.3%

by August 6, 2024
written by August 6, 2024

The US stock market faced significant declines as trading entered its final hour on Monday, continuing a recent trend of heightened volatility.

The S&P 500 fell by 3.3%, with its losses fluctuating throughout the day.

During the morning session, the index was down as much as 4.3%, but by lunchtime, it had managed to reduce its decline to approximately 1.8%.

S&P 500 and Nasdaq Composite lead declines

The S&P 500’s drop of 3.3% reflects the broader market’s struggles, but the technology-heavy Nasdaq Composite faced even more severe losses.

The Nasdaq was down 3.8% as tech stocks, which have been under pressure in recent days, resumed their sell-off. Additionally, the small cap-focused Russell 2000 index also experienced a sharp decline, falling by 3.7%.

Treasury yields add to market volatility

Adding to the market’s turbulence, the yield on the policy-sensitive two-year Treasury note saw notable fluctuations. It ended the day fractionally higher at 3.89%.

Overnight, the yield had dropped to a 16-month low but managed to climb as high as 3.95% in the afternoon. This reversal in Treasury yields underscores the uncertain environment investors are navigating.

Market sentiment and future outlook

The persistent volatility in the US stock market has been driven by a mix of economic data, geopolitical concerns, and investor sentiment.

The morning’s steep decline followed by a partial recovery and then another downturn indicates a market struggling to find direction amid conflicting signals.

Investors are grappling with various factors, including the Federal Reserve’s monetary policy stance, inflationary pressures, and potential economic slowdowns.

The tech sector, which had previously been a significant driver of market gains, is now experiencing pronounced sell-offs, contributing to broader market instability.

Impact on investors and strategies

For investors, the current market conditions necessitate a careful reassessment of strategies. Diversification remains crucial, as sectors and asset classes react differently to economic shifts.

Tech stocks, which have shown vulnerability, might require cautious revaluation, while bonds and other safer assets could offer some stability amidst the volatility.

As trading concluded on Monday, the US stock market’s sharp declines highlighted the ongoing volatility and uncertainty facing investors.

With the S&P 500 down 3.3%, the Nasdaq Composite falling 3.8%, and Treasury yields fluctuating, market participants are bracing for continued unpredictability.

In the coming days, investors will likely be closely monitoring economic indicators and Federal Reserve signals to navigate these turbulent times.

The post Wall Street bleeds more in Monday’s final trading hours, S&P 500 down 3.3% appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Japan leads Asia rebound after Monday mayhem but analysts warn volatility will persist
next post
Did Apple’s slow AI progress prompt Buffett to sell?

related articles

Asian markets open: Nikkei, Hang Seng fall on...

June 12, 2025

Aluminum and steel tariffs spark rise in secondary...

June 12, 2025

Airbus sees aviation boom ahead, global fleet to...

June 12, 2025

US-China trade talks and Washington’s decade-long effort to...

June 12, 2025

Europe markets open: Stoxx 600 dips as UK...

June 12, 2025

UK GDP falls by 0.3% in April as...

June 12, 2025

Gordon Brothers buys Poundland; pledges £80 mn for...

June 12, 2025

Air India plane crash: London-bound flight with 242...

June 12, 2025

Air India plane crash live update: Indian President...

June 12, 2025

Copper remains supported for now even as China...

June 12, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Disney wins the 2024 box office as year-end receipts offer a welcome boost

    January 16, 2025
  • HHS will reevaluate programs, regulations to ensure taxpayer funds are not paying for elective abortions

    January 28, 2025
  • Taiwan ramps up coast guard and military readiness in face of Beijing’s ‘gray zone’ warfare

    June 12, 2025
  • The price of Bitcoin is trying to hold above moving average

    July 24, 2024
  • Putin backs Trump’s claim that the Ukraine war would not have happened if he’d won 2020 election

    August 16, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,924)
  • Investing (634)
  • Stock (921)

Latest Posts

  • Sens Fetterman and McCormick show Washington how to work together again

    June 2, 2025
  • Progressive women’s groups silent on second gentleman Doug Emhoff’s affair

    August 9, 2024
  • Iran’s supreme leader says nuclear talks with Trump admin would not be ‘wise’

    February 7, 2025

Recent Posts

  • Short EL: Estée Lauder Continues Downtrend, EMA8 Pullback Signals Short Setup

    August 9, 2024
  • Ad revenue should stabilize for media companies in 2025 — if they have sports

    December 30, 2024
  • USPS gives critical warning about mail-in ballots as Election Day looms next week

    October 29, 2024

Editor’s Pick

  • Long FRA40: bounces from strong 7,000 Support, signals potential upward momentum ahead

    August 8, 2024
  • ‘Many failures’: Whistleblower exposes how fired Biden-era official was soft on China, prioritized DEI

    April 8, 2025
  • Bitcoin price on the defensive since this morning

    August 26, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock