Sentences with phrase «broad selloff»
The phrase "broad selloff" means that many different stocks or financial assets are being sold by investors at the same time. Full definition
Amid a broad selloff in technology shares on Monday, Apple's stock was last down 0.7 %.
fortune.com
Bitcoin, on the other hand, is still holding up above last week's lows although it violated the support zone near $ 7650 amid the broad selloff.
That created confusion and triggered a broad selloff among investors.
It's a broad selloff, with every S&P 500 (NYSEARCA: SPY) in the red.
Litecoin is still among the few relatively strong coins, although Monero, ETC, Bitcoin Cash, and IOTA are also showing some stability amid the broad selloff, holding up above or at the weekly lows.
A broad selloff in commodities and dollar strength point to disinflationary pressures on the horizon that weaken the argument for a near - term rise in U.S. interest rates, according to some analysts.
The stock has come down amid the broader selloff in the energy infrastructure sector due to concerns that rising interest rates could tighten cash flow available for distributions.
Litecoin is still among the few relatively strong coins, although Monero, ETC, Bitcoin Cash, and IOTA are also showing some stability amid the broad selloff, holding up above or at the weekly lows.
Although investors were expecting a sharp rally in TRX price amid its test net launch, the downtrend in its price was supported by the broader selloff in the market.
The slump in Bitcoin price has created a broader selloff in crypto markets.
The decline also happened to coincide with a broad selloff in the broader cryptocurrency market.