USD/JPY fell 0.7% to 155.06, the biggest drop since October 10. (gold ten)
Tuesday was the worst day for short-term traders who flocked to the hottest stocks since April's chaos was sparked by Mr. Trump's trade war. The sell-off hit the Retail Favorites Index, a basket compiled by Goldman Sachs and heavily held by lay traders, particularly hard after Palantir reported disappointing earnings and Michael Berry, the prototype of The Big Short, revealed he was short the stock and Nvidia.
Gold prices plunged 6 percent on Tuesday, the biggest one-day drop since April 2013, according to the Financial Times. The historic gold rally came to a halt at the end of India's Diwali gold buying season. After hitting a high of $4,381 an ounce on Monday, gold prices plunged to $4,082 on Tuesday in what was widely seen as a belated correction. The historic rally so far this year has accelerated in recent weeks, gaining 25 percent in the past two months alone. MKS PAM...
Spot silver fell by more than 5%, the largest decline in six months.
The crypto market experienced extreme conditions. BTC experienced a maximum decline of 12.7% in 30 minutes and a short-term low of $10 2000.00. ETH experienced a maximum decline of 14.3% in 30 minutes and a short-term low of $3435.00.
The S & P 500 index fell more than 1 percent, its largest decline since September 2.
The S & P 500 index fell more than 1 percent, its largest decline since September 2.
Kroger (KR. N) fell 7%, its largest intraday decline since June 2023.
Singapore's Straits Times index recorded its largest decline since October 2008.
As of the week of February 11, the net long orders of CBOT soybeans decreased significantly, compared with the previous reporting day... The soybean COT index was...