The US major market indices all ended the trading day in the red on Thursday. Falling oil prices continue to drag down global equities, as Wall Street’s losses were preceded by widespread losses in Europe especially. The financial sector in particular has been on a steep downturn. As a result, investors are seeking refuge in US treasury bonds and gold. Gold futures ended the day up more than 4%, while the yields of US treasury notes continued towards 52-week lows.
See the following visualizations which highlight a number of relevant figures regarding Thursday’s tumultuous trading day.
Major U.S. Market Indices Value Over Time – YTD
Carlson Capital's Black Diamond Arbitrage Partners fund added 1.3% net fees in the first quarter of 2021, according to a copy of the firm's March 2021 investor update, which ValueWalk has been able to review. Q1 2021 hedge fund letters, conferences and more At the end of the quarter, merger arbitrage investments represented 89% of Read More
Financial Sector Downturn
Indexed Compare: Dow Jones Industrial Average and Crude Oil
U.S. 10-Year Treasury Note
U.S. Treasury Constant 1 Year – 1 Year
NYMEX Gold Futures #1 (Settle)