Stock Markets Head Lower -- Is "Quadruple Witching" to Blame?
The stock market has started to show signs of rising concern in September, with investors no longer seeing major benchmarks moving straight up. Instead, worries about the COVID-19 pandemic, the November presidential election, and various geopolitical issues around the world are weighing on sentiment. Just after 11:15 a.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was down 85 points to 27,817. The S&P 500 (SNPINDEX: ^GSPC) fell 22 points to 3,335, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) lost 94 points to 10,816.
There's a lot of jargon on Wall Street, and it's easy for investors to get confused. Today, for instance, market participants are referring to something called "quadruple witching" as having a possible impact on stocks. But few people bother to explain exactly what they're talking about when they mention quadruple witching. Read on to learn what quadruple witching is and whether you should be concerned.
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Source Fool.com
