Major U.S. indexes fell again on Thursday after posting strong gains Wednesday. The S&P 500 closed down 3.46 per cent, while the Nasdaq composite dropped 4.31 per cent.Canada’s TSX/S&P Composite closed down 3 per cent. (The Logic)
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Major U.S. indexes fell again on Thursday after posting strong gains Wednesday. The S&P 500 closed down 3.46 per cent, while the Nasdaq composite dropped 4.31 per cent.Canada’s TSX/S&P Composite closed down 3 per cent. (The Logic)
Talking points: The S&P rose more than 9 per cent Wednesday—its biggest increase in 17 years—after Trump announced a 90-day pause on global tariffs, and following a steep sell-off in U.S. Treasuries. Thursday is the fourth day in a row where the stock market has moved more than 5 per cent. CBOE’s VIX—which measures stock volatility—has clipped 60 in the past week. A VIX marker above 30 is typically considered highly volatile.
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