Market turbulence could worsen before easing, according to Jay Woods, chief market strategist at Freedom Capital Markets. After the Dow Jones rose by 1,500 points on Wednesday, the index fell 1,800 points on Thursday in its worst sell-off since April 2025, while the Nasdaq entered a correction and artificial intelligence-related stocks bore the brunt of the selling. The Magnificent Seven lost a combined $1 trillion in market value in a single session before recovering some of those losses on Friday. Investors will focus on consumer and producer price indexes, employment data, Federal Reserve commentary, and earnings from Nvidia, Micron and Applied Materials.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
