Major equity indexes in US started the day with large losses. All major sectors of S&P 500 trade in the negative territory. Investors await FOMC Chairman Jerome Powell’s remarks on policy outlook. Wall Street’s main indexes opened significantly lower on Wednesday as safe-haven flows continue to dominate financial markets. As of writing, the Dow Jones Industrial Average was down 1.12% on the day at 30,580, the S&P 500 was losing 1.38% at 3,797 and the Nasdaq Composite was falling 1.4% at 13,300. Mirroring the dismal market mood, the CBOE Volatility Index (VIX), Wall Street’s fear gauge, is up nearly 19% on a daily basis. All major sectors of the S&P 500 trade in the negative territory after the opening bell with the Materials Index losing 2.8% as the biggest percentage decliner. Earlier in the day, Boeing announced that it suffered a record $11.9 billion net loss in 2020. On a positive noted, Microsoft and Starbucks both reported stronger-than-expected earnings. After the closing bell, Apple, Tesla and Facebook are scheduled to release their quarterly earnings figures. S&P 500 chart (daily) FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next ECB officials think markets are underestimating rate-cut odds – Bloomberg FX Street 1 year Major equity indexes in US started the day with large losses. All major sectors of S&P 500 trade in the negative territory. Investors await FOMC Chairman Jerome Powell's remarks on policy outlook. Wall Street's main indexes opened significantly lower on Wednesday as safe-haven flows continue to dominate financial markets. As of writing, the Dow Jones Industrial Average was down 1.12% on the day at 30,580, the S&P 500 was losing 1.38% at 3,797 and the Nasdaq Composite was falling 1.4% at 13,300. Mirroring the dismal market mood, the CBOE Volatility Index (VIX), Wall Street's fear gauge, is up nearly 19%… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
