Markets Sell Off Ahead of an Earnings Extravaganza

Jan 28, 2021 · 1h 28m 52s
Markets Sell Off Ahead of an Earnings Extravaganza
Description

Stocks accelerated losses at the end of the session, as investors awaited earnings reports from titans like Apple, Tesla, and Facebook. Among the forces driving the market: concerns over COVID...

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Stocks accelerated losses at the end of the session, as investors awaited earnings reports from titans like Apple, Tesla, and Facebook. Among the forces driving the market: concerns over COVID vaccine distribution and the continued squeeze on short sellers which has forced traders to sell their long positions.
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Author CNBC
Organization CNBC
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