Dow tumbles as volatility jumps, American Express gains

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Stocks set for another volatile session, IBM bucks downtrend

Jitters about rising interest rates tied to inflation remain in focus as the Federal Reserve begins its two-day meeting.

Investors are also monitoring mounting tensions between Russia and the West over concerns that Moscow is planning to invade Ukraine, with NATO outlining potential troop and ship deployments.

 

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Hedge funds such as Citadel and Melvin Capital have lost billions of dollars, and fast. They’re shorting a stock that is no longer on the brink of bankruptcy. This company is AMC Entertainment and it’s revival is thanks to the millions of retail investors buying the stock.

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Finance Finance Latest News, Finance Finance Headlines

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