{"id":75494,"date":"2020-09-04T01:57:00","date_gmt":"2020-09-04T05:57:00","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=75494"},"modified":"2020-09-04T01:50:05","modified_gmt":"2020-09-04T05:50:05","slug":"sell-off-in-u-s-markets-is-a-nice-healthy-correction-says-cio-of-major-asian-bank","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2020\/sell-off-in-u-s-markets-is-a-nice-healthy-correction-says-cio-of-major-asian-bank.html","title":{"rendered":"Sell-off in U.S. markets is \u2018a nice, healthy correction,\u2019 says CIO of major Asian bank"},"content":{"rendered":"\n<p>(CNBC)  The latest sell-off in U.S. stocks is \u201ca nice, healthy correction\u201d after climbing sharply in the last few months, according to the chief investment officer of Singaporean bank DBS.\u00a0Tech stocks\u00a0\u2014 the market leaders since late March\u00a0\u2014 <a href=\"https:\/\/www.cnbc.com\/2020\/09\/02\/stock-market-futures-open-to-close-news.html\">led the decline overnight<\/a>, with the <a href=\"https:\/\/www.cnbc.com\/quotes\/?symbol=.IXIC\">Nasdaq Composite<\/a> falling by 5% by the session close. The <a href=\"https:\/\/www.cnbc.com\/quotes\/?symbol=.SPX\">S&amp;P 500<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/?symbol=.DJI\">Dow Jones Industrial Average<\/a> dropped 3.5% and 2.8%<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2020\/09\/04\/sell-off-in-us-markets-is-a-nice-healthy-correction-says-dbs-cio.html\">To read this article:<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The latest sell-off in U.S. stocks is \u201ca nice, healthy correction\u201d after climbing sharply in the last few months, according to the chief investment officer of Singaporean bank DBS.\u00a0Tech stocks\u00a0\u2014 the market leaders since late March\u00a0\u2014 led the decline [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-75494","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=75494"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75494\/revisions"}],"predecessor-version":[{"id":75495,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75494\/revisions\/75495"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=75494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=75494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=75494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}