Wall Street's "fear gauge" at over 5-month high on rate cut, Mideast worries

Reuters04-19

April 19 (Reuters) - Wall Street's "fear gauge" hit its highest in more than five months on Friday due to a sharp pullback in interest U.S. rate cut expectations and escalating geopolitical tensions.

The CBOE Volatility index , an options-based measure of investor expectations for near-term stock market gyrations, hit 21.33 points, crossing the psychological mark of 20 points for the first time since Oct. 30, 2023.

Israel launched an attack on Iranian soil on Friday, sources said, in the latest tit-for-tat exchange between the two arch foes that has threatened to drag the region deeper into conflict and sent investors scrambling for safe-haven assets.

Meanwhile, with recent U.S. data painting a picture of a resilient economy, money markets now expect the Federal Reserve to cut rates by about 40 basis points this year, well below the roughly 150 bps expected at the start of 2024, according to LSEG data.

The benchmark S&P 500 has slid more than 4% this month through Thursday, cutting its gains for the year to about 5%.

(Reporting by Shristi Achar A and Shashwat Chauhan in Bengaluru; Editing by Savio D'Souza)

((Shristi.AcharA@thomsonreuters.com; ))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2428680339?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-04-19 16:27","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2428680339","market":"us","top_or_hot":-1,"title":"Wall Street's \"fear gauge\" at over 5-month high on rate cut, Mideast worries","media":"Reuters","content":"<html><body><p>April 19 (Reuters) - Wall Street's \"fear gauge\" hit its highest in more than five months on Friday due to a sharp pullback in interest U.S. rate cut expectations and escalating geopolitical tensions.</p><p>   The CBOE Volatility index   , an options-based measure of investor expectations for near-term stock market gyrations, hit 21.33 points, crossing the psychological mark of 20 points for the first time since Oct. 30, 2023.</p><p>   Israel launched an attack on Iranian soil on Friday, sources said, in the latest tit-for-tat exchange between the two arch foes that has threatened to drag the region deeper into conflict and sent investors scrambling for safe-haven assets.</p><p>   Meanwhile, with recent U.S. data painting a picture of a resilient economy, money markets now expect the Federal Reserve to cut rates by about 40 basis points this year, well below the roughly 150 bps expected at the start of 2024, according to LSEG data.</p><p>   The benchmark S&amp;P 500    has slid more than 4% this month through Thursday, cutting its gains for the year to about 5%.</p><p> (Reporting by Shristi Achar A and Shashwat Chauhan in Bengaluru; Editing by Savio D'Souza)</p><p>((Shristi.AcharA@thomsonreuters.com; ))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street's \"fear gauge\" at over 5-month high on rate cut, Mideast worries</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street's \"fear gauge\" at over 5-month high on rate cut, Mideast worries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-19 16:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>April 19 (Reuters) - Wall Street's \"fear gauge\" hit its highest in more than five months on Friday due to a sharp pullback in interest U.S. rate cut expectations and escalating geopolitical tensions. ...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UDOW","symbol_name":"道指三倍做多ETF-ProShares","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2428680339","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2428680339","pubTimestamp":1713515242,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"April 19  - Wall Street's \"fear gauge\" hit its highest in more than five months on Friday due to a sharp pullback in interest U.S. rate cut expectations and escalating geopolitical tensions.   The CBOE Volatility index   , an options-based measure of investor expectations for near-term stock market gyrations, hit 21.33 points, crossing the psychological mark of 20 points for the first time since Oct. 30, 2023.   Israel launched an attack on Iranian soil on Friday, sources said, in the latest tit-for-tat exchange between the two arch foes that has threatened to drag the region deeper into conflict and sent investors scrambling for safe-haven assets.   Meanwhile, with recent U.S. data painting a picture of a resilient economy, money markets now expect the Federal Reserve to cut rates by about 40 basis points this year, well below the roughly 150 bps expected at the start of 2024, according to LSEG data.   The benchmark S&P 500    has slid more than 4% this month through Thursday, cutting","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"UDOW":"道指三倍做多ETF-ProShares",".DJI":"道琼斯","TQQQ":"纳指三倍做多ETF","DXD":"道指两倍做空ETF","QID":"纳指两倍做空ETF",".IXIC":"NASDAQ Composite","DDM":"道指两倍做多ETF","SQQQ":"纳指三倍做空ETF",".SPX":"S&P 500 Index","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF","SDOW":"道指三倍做空ETF-ProShares","QQQ":"纳指100ETF","DJX":"1/100道琼斯","DOG":"道指反向ETF"},"translate_title":"华尔街“恐惧指数”降息超过5个月高位，中东忧虑","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9,"UDOW":0.6,"TQQQ":0.6,"SQQQ":0.6,"SDOW":0.6,"QQQ":0.6,"QLD":0.6,"QID":0.6,"PSQ":0.6,"NQmain":0.6,"MNQmain":0.6,"DXD":0.6,"DOG":0.6,"DJX":0.6,"DDM":0.6},"content_text":"April 19 (Reuters) - Wall Street's \"fear gauge\" hit its highest in more than five months on Friday due to a sharp pullback in interest U.S. rate cut expectations and escalating geopolitical tensions.   The CBOE Volatility index   , an options-based measure of investor expectations for near-term stock market gyrations, hit 21.33 points, crossing the psychological mark of 20 points for the first time since Oct. 30, 2023.   Israel launched an attack on Iranian soil on Friday, sources said, in the latest tit-for-tat exchange between the two arch foes that has threatened to drag the region deeper into conflict and sent investors scrambling for safe-haven assets.   Meanwhile, with recent U.S. data painting a picture of a resilient economy, money markets now expect the Federal Reserve to cut rates by about 40 basis points this year, well below the roughly 150 bps expected at the start of 2024, according to LSEG data.   The benchmark S&P 500    has slid more than 4% this month through Thursday, cutting its gains for the year to about 5%. (Reporting by Shristi Achar A and Shashwat Chauhan in Bengaluru; Editing by Savio D'Souza)((Shristi.AcharA@thomsonreuters.com; ))","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2428680339"}