Stock Futures Plunge and Traders Look for Answers

May 4, 2021 8:01 AM EDT

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.

Stock futures sold off rapidly over the past several minutes. Traders were passing around the following items to explain the drop.

  • rising inflation fears
  • Biden Treasury aides acknowledge that tax hikes in his plan for corporations and the wealthy will discourage some economic activity
  • Chinese military aircraft entered Taiwan's air defense identification zone
  • BofA Securities highlighted client flow data showing 'extreme' hedge fund selling

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Market Check, Trader Talk