Friend, U.S. Stocks Take the Plunge on Rising Bond Yields | Tradinggods.net

[TradingGods.net Logo] ****Advertisement***** [Avoid the Critical Mistakes in this Business of Trading]( Be a student of the markets and focus on mastering the basics of trading for profit while managing risk. Most amateurs take unlimited risks for limited gains, this is not a good business strategy. Instead, learn from the mistakes that you make in the market and be persistent. [Check out this webinar and learn how to reduce these critical errors.]( *****Advertisement***** Dear Trading God Friend, Rising bond yields trigger huge losses on Wall Street. U.S. stocks plunged on Wednesday, putting the S&P 500 Index (NYSEARCA:SPY) on track for its longest losing streak in two years as rising bond yields continued to weigh on investor sentiment. All of Wall Street’s major indices headed for losses. The large-cap S&P 500 fell 3.3% to 2,785.68, with all 11 primary sectors finishing lower. Information technology, industrials, energy and discretionary shares were among the hardest hit. The Dow Jones Industrial Average (NYSEARCA:DIA) plunged 823.90 points, or 3.1%, to 25,606.67. Nike Inc. and Boeing Co were among the biggest decliners. Plunging tech shares weighed on the Nasdaq Composite Index (NYSEARCA:QQQ), which suffered the biggest percentage drop. The gauge closed down 4.1% at 7,422.05.. A measure of implied volatility known as the CBOE VIX (NYSEARCA:VXX) traded at its highest level in six months as investors shifted to risk-off mode. The so-called “fear index” reached a high of 21.97. It would eventually settle at 21.77, having gained 36.5%. In commodities, energy prices were down across the board on Wednesday after the International Monetary Fund (IMF) lowered its outlook on global growth. U.S. West Texas Intermediate (WTI) futures fell $1.51, or 2%, to $73.45 a barrel. ICE Brent crude declined $1.49, or 1.8%, to $83.51 a barrel. The Final Word: Volatility has returned with a vengeance. There’s strong reason to believe that this trend will continue as U.S. government bond yields continue rising on anticipation of tighter monetary policy. *****Advertisement***** [9 Stocks To Hold Forever]( Individual stock selection is more critical than ever. New FREE report reveals some of the very best stocks to own today. One of the names has the potential to be the most valuable stock in the history of investing. Get on board before it's too late! [Download your copy today.]( *****Advertisement***** [Ridgeline Media Group LLC BBB Business Review]( Disclaimer: The content included herein is for educational and informational purposes only, and readers agree to TradingGods.net [Disclaimer,]( [Terms of Use,]( [Privacy Policy]( before accessing or using this or any other publication by TradingGods.net or Ridgeline Media Group, LLC. Ridgeline Media Group, LLC does not endorse any products that may be advertised in this email. If you no longer wish to receive our emails, click the link below: [Unsubscribe]( Ridgeline Media Group LLC 70 SW Century Drive Suite 100-148 Bend, Oregon 97702 United States Media Group, LLC/html