An Especially Brutal Week for Markets
By Laurent MAUREL.
A seasoned investor and financial analyst with over 20 years of expertise in the metals and mining sector. As the founder of Recherche Bay, he provides market analysis and investment insights for Family Offices and Private Equity firms. His expertise includes asset valuation, financial due diligence, and portfolio strategy, with accreditation from the AMF.
Here’s a Breakdown of the Damage from Thursday and Friday’s Selloff:
Indices:
S&P 500 futures (ES): -9.12%, closing at 5110.25
Nasdaq futures (NQ): -9.86%, closing at 17,539.00
Russell 2000 futures (RTY): -9.70%, closing at 1839.4
Precious Metals:
Gold miners (GDX): -8.54%, closing at 41.68
Gold futures (GC): -2.53%, closing at 3035.4
Silver futures (SI): -16.04%, closing at 29.23
Energy:
Oil equities (XOP): -18.34%, closing at 106.71
Oil futures (CL): -10.63%, closing at 61.99
Natural gas futures (NG):...
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