For stock indices, it is not yet possible to talk about the final expected turnover, but the drops in the past 6 days are really significant and fast. Daily candles on the US Dow Jones index of over 500 but more than 1000 points are stunning.
The definitive turnover of equity indices does not confirm the intraday development, where the continuing efforts of important Market Movers are still to reverse or at least significantly correct the intraday downturns.
On the other hand, the market's reaction to news in the last days suggests a possible turn of the mines or their proximity. The data is very recent in the US, the results of the companies also, the revolutionary tax reform actually realized, yet the indices started a significant weakening.
The first and one of the major drops in the decline was the 2.70% surplus for US 10-year bond yields in the first week of February. Instead, the analysts now add t…