S&P500 Experiences Significant Decline with 98K Investors Losing Trust Amid Concerns
Recently, the S&P500 has shown a significant downturn, dropping by 1.2% in early April, while the NASDAQ100 and others also fell by 1.4% and 1.1%, respectively. This marks the worst performance since 2004. Concerns are growing about liquidity issues for short sellers, with many transactions being on the verge of default. Additionally, HSBC's CEO highlighted the need to address troubling trends related to persistent market issues.