US Futures turned Red ♥️ . Pressure is coming from elevated Treasury yields making risk free returns more attractive than stocks, plus higher oil prices and seasonal weakness. September is historically the only month with a negative average return for $SPY Tech is hit hardest as chip names stay under pressure and rate hike bets soured sentiment to start the month.
TusharKShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.