Breaking down the stock market rout: Was there panic selling that typically precedes a bottom?

Breaking down the stock market rout: Was there panic selling that typically precedes a bottom?


PRO videocast: Breaking down the stock market rout

Mike Santoli and I broke down the stock market internals that occurred during the nearly 5% rout in the S&P 500 Thursday, trying to determine whether we are seeing the kind of panic that typically occurs around market bottoms.

CNBC Pro subscribers can watch the PRO videocast above for instant analysis on Thursday’s market plunge.

Santoli and I also discuss:

  • How to read the CBOE Volatility index, otherwise known as Wall Street’s “fear gauge”
  • How investors are still holding onto a belief that these tariff rates will be negotiated down by Trump
  • What the market is saying about recession odds
  • Where investors were playing defense and the areas of the market that were working on Thursday



Source

Fed chair candidate Hassett says U.S. is way behind the curve on lowering interest rates
World

Fed chair candidate Hassett says U.S. is way behind the curve on lowering interest rates

National Economic Council Director Kevin Hassett said Tuesday that the Federal Reserve is not cutting interest rates quickly enough, even though the U.S. economy grew at a much faster-than-expected pace in the third quarter. Hassett, a leading contender to succeed Federal Reserve Chair Jerome Powell when his term ends in May, said the artificial intelligence […]

Read More
The next AI pivot will be toward efficiency and lowering costs, ex-Facebook privacy chief says
World

The next AI pivot will be toward efficiency and lowering costs, ex-Facebook privacy chief says

Former Facebook Chief Privacy Officer Chris Kelly said Monday that the next phase of the artificial intelligence boom will focus on becoming more efficient. As major AI players race to churn out the infrastructure needed to support AI workloads, Kelly told CNBC’s “Squawk Box” that the industry will need to streamline these power-intensive buildouts. “We […]

Read More
U.S. economy grows by 4.3% in third quarter, much more than expected, delayed report shows
World

U.S. economy grows by 4.3% in third quarter, much more than expected, delayed report shows

The U.S. economy grew at a much greater-than-expected pace in the third quarter, boosted by strong consumer spending, a delayed report released Tuesday showed. U.S. GDP, a sum of all goods and services produced in the sprawling U.S. economy, expanded by 4.3% in the July-September period, the Commerce Department said in its initial reading of […]

Read More