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Top related persons:
Thomas Salopek - 2 Chris Verrone - 2 Verrone - 2 Salopek - 1 Mark Malek - 1 Siebert - 1 Malek - 1 CFRA's Sam Stovall - 1
Top related locs:
U.S Coinbase
Top related orgs:
Nasdaq - 1 JPMorgan - 1 Japan's Nikkei - 1 Dow Jones Industrial - 1 Taiwan Semiconductor - 1

Search resuls for: "Thomas Salopek"


2 mentions found


☆ Why investors may want to wait before buying the dip: 'Don't rush to try to catch a falling knife'
  + stars: | 2024-08-06 | by ( Sarah Min | ) www.cnbc.com   time to read: +3 min
The S & P 500 was higher Tuesday, one day after the broad market index posted its worst day in nearly two years amid revived fears of a recession. The current pullback has all the hallmarks of a market correction, the strategist said. So, don't rush to try to catch a falling knife," Malek said. The S & P 500 on Tuesday traded about 7% below a record high reached last month. Besides, he said, it is hard to think of a market correction occurring in August, when a bottom is historically more likely to happen in the month of October.
Persons: Thomas Salopek, Salopek, Mark Malek, Siebert, Malek, CFRA's Sam Stovall, Stovall, Strategas, Chris Verrone, Verrone Organizations: Nasdaq, JPMorgan
☆ Markets rebounding after Monday’s carnage, but will it last?
  + stars: | 2024-08-06 | by ( Fred Imbert | ) www.cnbc.com   time to read: +2 min
Markets around the world are getting some relief after the steep declines suffered Monday. Japan's Nikkei 225 surged more than 10% overnight — its biggest one-day gain since 2008 — clawing back some of its losses from the previous session. In the U.S., stock futures pointed to slight gains at the open. It might be an easier call if it was October, but we frankly struggle to think of many markets that have put in their corrective lows in early-August," Verrone wrote. The Cboe Volatility Index (VIX) , Wall Street's preferred fear gauge, remained elevated around 32, though it was down 16% in morning trade.
Persons: Morgan Stanley, Trump, Thomas Salopek, Chris Verrone, Verrone, Wall Street's Organizations: Japan's Nikkei, Dow Jones Industrial, Taiwan Semiconductor Locations: U.S, Coinbase
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