Stocks sold off sharply Tuesday, one day after the market's stunning intraday reversal.
 | TUE, APR 26, 2022 | | | |
| DOW | | NAME | LAST | CHG | %CHG | | AAPL | 156.80 | -6.08 | -3.73% | | MSFT | 270.22 | -10.50 | -3.74% | | INTC | 45.52 | -1.54 | -3.27% | |
| | S&P 500 | | NAME | LAST | CHG | %CHG | | TWTR | 49.68 | -2.02 | -3.91% | | AAPL | 156.80 | -6.08 | -3.73% | | AMD | 85.16 | -5.53 | -6.10% | |
| | NASDAQ | | NAME | LAST | CHG | %CHG | | AAPL | 156.80 | -6.08 | -3.73% | | AMD | 85.16 | -5.53 | -6.10% | | NVDA | 187.88 | -11.14 | -5.60% | |
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Stocks sold off sharply Tuesday, one day after the market's stunning intraday reversal. All three major indexes closed down significantly, and the Nasdaq Composite finished at a fresh 52-week low.
Concerns about a global economic slowdown permeated investor sentiment with stocks down broadly across every S&P 500 sector except energy.
The CBOE Volatility Index or VIX, which is also known as Wall Street's fear gauge, surpassed the 32 level Tuesday, getting closer to its highs of the year. |
Covid outbreaks in China, the war in Ukraine, the Federal Reserve's monetary tightening and persistent inflation are among the challenges investors are weighing on a daily basis. Plus, investors are eyeing corporate earnings reports.
"The market's being whipsawed in both ways," Raymond James chief investment officer Larry Adam told CNBC. "It's earnings versus headlines. … These headlines about risks continue to grow." |
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