Futures Point Lower on Fallout from Archegos Capital Management Sell-Off

Futures were pointing to a lower open to start the week. Bank stocks were under pressure after it was revealed that hedge fund Archegos Capital Management defaulted on margin calls. It began unwinding billions of dollars in holdings on Friday. Sylvia Jablonski, Co-Founder and CIO at Defiance ETFs, joined Wake Up With Cheddar for more on the impact on the markets.
close
We use cookies and similar technologies on this site to collect identifiers, such as IP address, and cookie and device IDs as described in our Privacy Policy.