S&P 500 Financials Index erases more than 3% on plummeting yields. Falling crude oil prices weigh on energy shares on Wednesday. CBOE Volatility Index is up more than 15% in early trade. Wall Street’s main indexes started the day deep in the negative territory as flight-to-safety, once again, dominates the financial markets. The CBOE Volatility Index, Wall Street’s fear gauge, is up 16% in the early trade to reflect the dismal market mood. As of writing, the Dow Jones Industrial Average was down 2.75% on the day while the S&P 500 and the Nasdaq Composite were erasing 2.5% and 2.3%, respectively. Plummeting T-bond yields weigh on financials Pressured by a more-than-11% drop seen in the 10-year US Treasury bond yield, the S&P 500 Financials Index is down 3.75% as the worst-performing major sector. On the other hand, with the OPEC+ failing to reach an agreement on additional oil output cuts, the barrel of West Texas Intermediate is erasing more than 1%, causing the S&P 500 Energy Index to fall 3.4%. 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 US: Factory Orders declined 0.5% in January vs. -0.1% expected FX Street 2 years S&P 500 Financials Index erases more than 3% on plummeting yields. Falling crude oil prices weigh on energy shares on Wednesday. CBOE Volatility Index is up more than 15% in early trade. Wall Street's main indexes started the day deep in the negative territory as flight-to-safety, once again, dominates the financial markets. The CBOE Volatility Index, Wall Street's fear gauge, is up 16% in the early trade to reflect the dismal market mood. As of writing, the Dow Jones Industrial Average was down 2.75% on the day while the S&P 500 and the Nasdaq Composite were erasing 2.5% and 2.3%,… 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.
