Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Dow Tumbles 500 Points, Volatility In Markets Increases Further

Author: Lisa Levin | October 03, 2022 03:59am

U.S. stocks closed sharply lower on Friday, as higher-than-expected inflation data resulted in losses for the third quarter.

Recent personal consumption expenditures (PCE) price index data showed an increase of 0.3% for August after declining 0.1% in the previous month.

It was the third weekly drop in a row for the S&P 500 and the Dow Jones.

Shares of Apple Inc. (NASDAQ:AAPL) and Amazon.com, Inc. (NASDAQ:AMZN) traded lower on Friday.

The Nasdaq 100 fell 1.73% to close at 10,971.22 on Friday, while the S&P 500 declined 1.51%. The Dow Jones dipped around 500 points to settle at 28,725.51 in the previous session.

Majority of the sectors on the S&P 500 closed on a lower note, with information technology and consumer discretionary stocks recording the biggest plunge on Friday. Real estate, however, was the worst performing sector in the previous session.

The Chicago Board Options Exchange's CBOE Volatility Index (VIX) rose 2.7% to 32.69 points on Friday.

What is CBOE Volatility Index?

The CBOE Volatility Index, popularly known as VIX, is a measure of the equity market's expectation of volatility based on S&P 500 index call and put options.

Posted In: AAPL AMZN

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist