The Dow Jones Industrial Average fell 0.48% to 34,584.88 points, while the Standard & Poor’s 500 dropped 0.91% to 4,432.99 points.
On the other hand, the tech Nasdaq Composite fell 0.91% to 15,043.97 points.
Today the session was quite volatile, especially in the last hour of trading, due to the so-called triple hunt. And this is called triple because three contracts expire at the same time: stock index options, stock options, and stock futures (individual).
Many outlets continue to cite the fourfold witchcraft, but a Bloomberg reporter said today that as of last December, only three contracts expire on that day. In the meantime, the stock index futures contract disappeared because there was little investment in it.
“Stock markets are scared again,” CNN stressed as CNN’s Business Fear and Greed Index [índice do medo e ganância] he again entered the territory of “fear”.
And this is mainly because investors are on duty. Many expect the Fed to announce at its monetary policy meeting next week that it will begin “tightening.” [retirada gradual dos estímulos, que passam pela compra de dívida]but with a bleak job market report in August, that may be less likely, CNN notes.
