Monday, 4 October 2021

Nasdaq 100 Falls More than 2% as Traders Dump Big Tech. Will the Sell-Off Continue?

The Nasdaq 100 index suffers steep losses at the start of the week as traders ditch technology stocks with elevated valuations in the face of rising U.S. Treasury yields

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...