logo
welcome
Reuters

Reuters

Morning Bid: The first trading day of the year, be wary

Reuters
Summary
Nutrition label

80% Informative

For the last four years , the first trading day of the year has been a contrarian indicator.

The broad S&P 500 stock index ended each year in the opposite direction it moved on the first day .

Investors liquidated global equity funds at the fastest rate in 15 years in the week to Dec. 18 , according to LSEG Lipper data.

VR Score

92

Informative language

98

Neutral language

65

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links