US Stocks Struggle, Big Tech Sinks, VIX Spikes And Analysts Raise Bearish Calls: What’s Driving Markets Monday

Stocks appear to be off to a shy start to the week, failing for the time being to recover after snapping multiweek winning streaks on Friday as the overall risk sentiment remains subdued. Tesla Inc. (NASDAQ:TSLA) is in the spotlight, losing over 2.5%, after Goldman Sachs downgraded the stock from Buy to Neutral. The VIX fear index rose 5%, reaching two-week highs, as investors remain concerned about the potential impact of further monetary tightening at the Fed’s monetary policy meeting one month from now. Investors now assign a 77% probability for the Fed to raise rates by 25 basis points in …

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