Wall Street’s ‘Fear Index’—the VIX—Surges To Highest Level Since 2020 Pandemic Crash
Global market turmoil has pushed a key measure of expected stock market volatility to levels not seen since the peak of the pandemic and before that, the 2008 financial crisis. The CBOE Volatility Index (VIX) surged to 54 on Monday, its highest level since 2020. It closed at 23.4 on Friday, the first time it […]
Jeff Bezos loses $23B as Wall Street meltdown slams world’s richest people
The wealth of the world’s rich fell slightly following Monday’s Wall Street crash. Amazon founder Jeff Bezos, the second-richest person on Forbes’ list behind Elon Musk, suffered the biggest loss since the crash began on Friday, with his net worth falling by $23 billion. On Monday, the combined fortunes of the 10 people on Forbes […]
Bullet reportedly pierces wall of Oakland home, hits father of 2 in head while he’s asleep, exits through his eye
Last week, a bullet reportedly penetrated the wall of an Oakland home, striking a sleeping father of two in the head and exiting his eye. Quote: GoFundMe page From the family of the victim, Run Hua Kuang KTVU-TV reported. He had been taking a nap after finishing his shift as a delivery truck driver Thursday […]
Magnificent Seven poised to lose nearly $1 trillion amid Wall Street meltdown
Recession fears and Berkshire Hathaway’s decision to reduce its holding in Apple have unravelled the sector’s months-long rally, with the Magnificent Seven’s shares on track to lose nearly $1 trillion in combined market capitalization. The iPhone maker’s shares also plummeted 6.5%, wiping out roughly $900 billion in market capitalization, following other big tech companies such […]
Wall Street’s fear gauge surges as global market selloff deepens
Weak jobs report sends stocks plummeting on recession fears. Adam Turnquist, chief technology strategist at LPL Financial, explains more. Wall Street’s fear index surged to its highest level in more than four years early Monday amid a global market sell-off. The Cboe Volatility Index, or VIX, a gauge of investor fear, surged 172% to 62.27 […]
Stocks plunge as weak jobs report, tech woes rattle Wall Street
Stocks fell sharply on Monday morning as growing concerns about the strength of the U.S. economy and the outlook for microchip production spooked Wall Street. The Dow Jones Industrial Average plunged 2.8% after trading on Monday, opening 1,100 points lower. Dow futures were down more than 1,200 points before the market opened on Monday. The […]
Bloodbath on Wall Street as Dow, Nasdaq futures plunge amid recession fears
Wall Street’s main stock indexes fell sharply on Monday as concerns that the United States could fall into recession spread to global markets following weak economic data last week. The blue-chip Dow Jones Industrial Average plunged more than 1,100 points after the open, while the tech-heavy Nasdaq Composite Index fell nearly 5 percent after entering […]
DOW Futures Set To Tumble Again As Fear Grips Wall Street
The Pro Trump News home page features 60 new headlines every 24 hours, click here to see them. Dow futures are on track to fall for a third straight day. At the time of writing, Dow futures were down 600 points, while S&P 500 futures and Nasdaq futures were down 2.7% and 4.5%, respectively. This […]
Wall Street Journal’s Evan Gershkovich lands in US after historic prisoner swap with Russia
After more than a year in a hellish Russian prison, Wall Street Journal reporter Evan Gershkovich finally arrived on U.S. soil late Thursday night, becoming the first American journalist to be arrested on espionage charges since the Cold War. The 32-year-old journalist landed at Joint Base Andrews in Maryland along with freed hostages Paul Whelan […]
This Wall Street rule reveals a key clue about Harris running-mate pick: report
Vice President Kamala Harris’ campaign is reportedly urging Wall Street donors to give immediately because of rules limiting contributions to certain presidential tickets. Harris’ campaign has reportedly cited SEC rules that prohibit some employees of financial institutions from donating to presidential candidates, including sitting governors, leading many on Wall Street to conclude that Harris will […]