Global stock markets facing higher volatility
Oct 30, 2020
We enter the last trading day of October with stock markets once more under pressure following some disappointing Big Tech third-quarter reports yesterday evening, volatility spikes close to 40 and the consequence price pressure resulting in the Stoxx 600 MTD losing -5% and the S&P down by - 1%. However, while the Wall Street barometer is still up 3% year-to-date, the European one has lost 18%, driven not least by more targeted, partial Covid-19 lockdowns.
