Algorithmic selling and retail panic drive sharp U.S. Stock decline

Algorithmic and CTA fund selling intensified a sharp U.S. Stock decline as opening liquidity took on liquidation-like characteristics. Long-positioned institutions faced pressure while hedge funds rapidly unwound large cloud-computing positions bought during a previous rebound, with buyers remaining scarce at the open.

Retail investors recorded their largest 30-minute selling burst in months during Thursday’s opening half-hour. The pace neared the peak reached during late July 2024’s retail panic selling event.

The selling activity contributed to a Thursday Stock-market rout that cut about $3.7 trillion from U.S. Stock-market value.

Read the full story at tokenpost.com.