Election chaos and Friday’s tech outage are taking the market on a wild ride - News Summed Up

Election chaos and Friday’s tech outage are taking the market on a wild ride


New York CNN —Stocks are soaring this year, but that could soon change as election chaos takes the market on a rollercoaster ride. But this has been a destabilizing week for US stocks and the market trajectory could be shifting. The Dow fell 378 points, or 0.9%, on Friday as the tech outage continued to rattle investors. In just seven trading days, the Russell 2000 (a small-cap index) has moved nearly 10% over the last month. The bright sideInvestors have been largely resilient this year and some financial bigwigs say the election won’t change that.


Source: CNN July 20, 2024 16:27 UTC



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