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The Daily's Verdict
This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.
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Recent Articles
Triple Witching Day: $5.5 Trillion in Derivatives Expire, Causing Volatility on Wall Street
Broke On: Friday, 21 June 2024Wall Street saw a volatile trading day on June 21, 2024, during the quarterly 'triple witching' event when $5.5 trillion in derivatives contracts expired. The expiration led to increased caution among traders and significant volume, causing the S&P 500 to edge lower while some stocks like Apple outperformed and others like Nvidia and Resmed experienced decreases due to large contract values.