Stock Bounce, Tesla, Twitter, Bitcoin, AMC – 5 Things to Know

Here are five things you should know for Tuesday, May 10:

1. – Stock futures bounce as investors buy back after S&P 500 index’s lowest close in a year

US stock futures rebounded higher on Tuesday, which could lift the S&P 500 index from its lowest close since March last year, as investors look to tame a three-day sell-off on Wall Street that wiped out trillions of value from global stock portfolios.

With growth fears mounting amid the ongoing China Covid crisis, and bets on a series of Federal Reserve rate hikes in the face of the fastest inflation in forty years, markets are stuck in the crosshairs of stagflation fears exacerbated by an increase in market volatility, which led the VIX private The central bank, also known as Wall Street’s “fear gauge,” reached its highest levels since early March.

Leave a Comment

Your email address will not be published.