Stocks fall for fourth day and VIX surges, Jesse Cohen notes

Stocks fall for fourth day and VIX surges, Jesse Cohen notes
Stocks slump as volatility climbs further

Jesse Cohen, senior markets analyst at Investing.com, reports that stocks have fallen for a fourth consecutive day, with VIX volatility jumping and Treasury yields reaching 20-year highs.

Oil prices have surged to $107, while rate hike bets on the Federal Reserve are increasing and U.S.-Iran tensions are escalating. Investors are now awaiting the latest Consumer Price Index report expected tomorrow.

Earlier this week, Jesse Cohen reported that the U.S. Treasury plans to conduct a $12.5 billion buyback of its own debt, describing the move as QE without the Fed. He also highlighted the steep decline in Nike shares, noting that a $10,000 investment five years ago would now be worth about $2,500. These developments add to investors’ concerns as fresh inflation data approaches.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.