PRESS ROOM
Bearish sentiment prevails in stocks
Tuesday 06th September '22
Markets have continued to retreat since Jerome Powel’s hawkish speech at the Jackson Hole symposium on August 26. The CBOE Volatility Index has spike and remained high in recent days crossing 25, its highest level since the middle of July. Over the last 1 month, for the S&P 500 Index, energy stocks have continued to deliver strong positive performance while semiconductors, software, and internet companies have been the biggest losers.