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The Marked Chart Wire · Markets
AI Selloff
The $17 billion hedge fund dropped 5.9 percent last month and is reducing its stock-picking teams. It is preparing to return investor capital after a 6.8 percent decline year-to-date.
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HotStock Market
The Nasdaq 100 index dropped 6.4 percent, resulting in a loss of $2.3 trillion in market value.
Options Flow
Options market data indicates a significant imbalance for the S&P 500 at 508.3 million. The Nasdaq 100 and Dow 30 also recorded imbalances of 166.4 million and 230.4 million, respectively.
Hedge Funds
Citadel posted a 1.7 percent gain in October, bringing its year-to-date return to 15.3 percent. Rivals like Walleye and Pinpoint saw declines as tech stocks fell.
HotMarket Volatility
The S&P 500 index declined 4.08 percent while the Nasdaq 100 fell 6.01 percent. The VIX volatility index jumped 64.94 percent to 27.33, and crude oil prices rose.
Volatility
The CBOE Volatility Index surged 67 percent to 27.65, indicating a sharp increase in market uncertainty.
SpaceX
The cost of insuring against SpaceX default rose 24.5 basis points to 286.56, setting a new peak for the five-year instrument.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.