US Stock Market Faces 'Triple Witching Day' Curse? Taiwan Futures Market Plunges 500 Points in Night Session, Analysts Warn of Potential Pressure on Monday

Reported about 1 year ago

As the US stock market faces a 'triple witching day' where ETFs, stocks, and index options all expire simultaneously, coupled with tensions in China and rocket launches, the Taiwan futures market reacted by dropping 511 points, causing concern. Analysts suggest observing the performance of individual stock futures and US stocks tonight, as the excessive expiration of options may lead to short-term market volatility. Meanwhile, growing cautious sentiment due to geopolitical events has further impacted the market, with foreign investors increasing short positions, potentially affecting Taiwan's market on Monday.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis