by PETER W. TUZ, CFA, CFP® | Aug 6, 2024 | Market Commentary
On August 5th, US equity markets faced a significant selloff, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average dropping by 3%, 3.4%, and 2.6% respectively. Key factors include the August 2nd jobs report, Japan’s carry-trade, and cooling...