Stock markets may face correction, says Goldman Sachs
Wall Street stocks could be facing a correction because of ructions in the options market, Goldman Sachs specialist Scott Rubner said in a Thursday note seen by Reuters on Friday. Roughly $2.7 trillion of U.S. stock market derivatives are due to expire on Friday, which if not exercised, will put pressure on stock markets and stoke volatility, the note said. S&P 500 and European stock markets hit a record highs on Tuesday but have since declined amid Trump's latest tariff warning on pharmaceuticals, semiconductor chips and wood, which among other threats, has exacerbated fears of a broad trade war and unnerved investors.
By Nell Mackenzie
LONDON (Reuters) - Wall Street stocks could be facing a correction because of ructions in the options market, Goldman Sachs specialist Scott Rubner said in a Thursday note seen by Reuters on Friday.
Roughly $2.7 trillion of U.S. stock market derivatives are due to expire on Friday, which if not exercised, will put pressure on stock markets and stoke volatility, the note said.
WHY IT'S IMPORTANT
S&P 500 and European stock markets hit a record highs on Tuesday but have since declined amid Trump's latest tariff warning on pharmaceuticals, semiconductor chips and wood, which among other threats, has exacerbated fears of a broad trade war and unnerved investors.
Stock buying might be slowing for other reasons, as well. Retail traders in the U.S. are trading less because they'll have to pay their annual taxes, and average flows from retirement funds into mutual and exchange-traded funds typically taper in March, Rubner said.
BY THE NUMBERS
About $2.7 trillion of equity options, or derivatives that allow a trader to bet that a stock will reach a certain price, expire Friday, said the Goldman note.
These derivatives include wagers on the S&P 500, as well as U.S. exchange-traded funds and single stocks.
Banks and intermediaries that help put on these bets have over $9 billion of hedges against these trades. These positions have acted as a dampener on volatility, says the Goldman note, "supporting weakness and muting rallies."
KEY QUOTE
If investors do not return to renew their options bets, then intermediaries also have to unwind their hedges, explains Dan Izzo, founder of the hedge fund BLKBRD Asset Management and a former bank trader.
"That translates as a large momentary pressure. The larger risk is if there's no one willing to buy that impact, we could see it trigger a larger sell off," said Izzo.
(Reporting By Nell Mackenzie, Editing by Amanda Cooper and Philippa Fletcher)
SACRAMENTO, Calif. (AP) â California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January's devastating wildfires, which he said could become the costliest natural disaster in U.S. history.
Read more >> : Cick here
 |
 |
 |
 |
 â California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January's devastating wildfires, which he said could become the costliest natural disaster in U.S. history. %23worldnews) |
 |
 |
After just three days on the BGT judging panel, new recruit KSI had already won over legions of fans - with some viewers even calling for him to be a permanent addition to the show
Read more >> : Cick here
|
|
|
|
 |
|
|
Former Coronation Street star and I'm a Celeb maven Helen Flanagan has come under fire for daring to enjoy a night out without her children as she hit the town with boyfriend Robbie Talbot and his daughter
Read more >> : Cick here
|
|
|
|
 |
|
|
The New York Yankees have been active in free agency. One of their signings has left a three-year starter still searching for his next team.
Read more >> : Cick here
|
|
|
|
 |
|
|
The controversy over which position $313.5 million slugger Rafael Devers will play in the Boston Red Sox infield may have repercussions for another player.
Read more >> : Cick here
|
|
|
|
 |
|
|
Both SBSâs âBuried Heartsâ and MBCâs âUndercover High Schoolâ saw their viewership ratings rise for their second episodes!
On February 22, Park Hyung Sikâs new drama âBuried Heartsâ enjoyed a significant increase in viewership. According to Nielsen Korea, the second episode of the show scored an average nationwide rating of 8.1 percent, marking an impressive 2 percent jump from its premiere the night priorâand making it the most-watched miniseries of the entire week.
Despite facing stiff competition from âBuried Hearts,â Seo Kang Junâs new drama âUndercover High Schoolââwhich airs in the same time slotâalso rose to an average nationwide rating of 6.6 percent for its own second episode.
âUndercover High Schoolâ was also the most-watched drama of Saturday among the key demographic of viewers ages 20 to 49, with whom it earned an average rating of 2.8 percent.
tvNâs âWhen the Stars Gossipââwhich has just one episode left in its runâfell to an all-time low of 1.783 percent ahead of its series finale, while Channel Aâs new drama âThe Witchâ scored an average nationwide rating of 1.7 percent for its third episode.
Finally, KBS 2TVâs âFor Eagle Brothersâ remained the most-watched program of Saturday with an average nationwide rating of 16.3 percent.
Check out the first two episodes of âUndercover High Schoolâ with subtitles on Viki below:
[viki-watchnow url=https://www.viki.com/tv/40985c-undercover-high-school]
Or start watching âThe Witchâ here:
[viki-watchnow url=https://www.viki.com/tv/40442c-the-witch]
And âFor Eagle Brothersâ below!
[viki-watchnow url=https://www.viki.com/tv/40963c-for-eagle-brothers]
Source (1) (2) (3)
Read more >> : Cick here
|
|
|
|
 (2) (3) %23maine) |
|
|
The Netflix docuseries âAmerican Murder: Gabby Petitoâ is facing backlash from some viewers who are questioning whether the filmmakersâ decision to use artificial intelligence to recreate Petitoâs voice is ethical.
Read more >> : Cick here
|
|
|
|
 |
|
|
Shakur Stevenson outclassed Josh Padley in Saudi Arabia, forcing the Brit's corner to throw in the towel after a ninth round onslaught. However, it's Padley's whose stock will rise after this fight.
Read more >> : Cick here
|
|
|
|
 |
|
|
Hunter Schafer made a return to the spotlight at the 2025 Independent Spirit Awards, her first appearance since calling out Trump over her passport listing her as 'male'.
Read more >> : Cick here
|
|
|
|
 |
|
|
Severance season 2 ep. 6's villain twist explained
Read more >> : Cick here
|
|
|
|
 |
|
|
Voletta Wallace, the mother of the late rapper Notorious B.I.G., died Friday, February 21
Read more >> : Cick here
|
|
|
|
 |
|
|
LOS ANGELES (AP) â Jeremy Ebobisse scored in the 78th minute of his first match with his new club, and Los Angeles FC remained perfect in eight Major League Soccer season openers with a 1-0 victoryâŚ
Read more >> : Cick here
|
|
|
|
 â Jeremy Ebobisse scored in the 78th minute of his first match with his new club, and Los Angeles FC remained perfect in eight Major League Soccer season openers with a 1-0 victory⌠%23maine){kind=logo} |
|
|
President Donald Trump has chosen Dan Caine to be the next chairman of the Joint Chiefs of Staff.
Read more >> : Cick here
|
|
|
|
 |
|
|
Golden State Warriors are back with a new edge. Coach Steve Kerr shares how it all came together and its impact on the team.
Read more >> : Cick here
|
|
|
|
 |
|
|
Vladimir Guerrero Jr. loves Canada and especially the Jays, but for his upcoming free agency â he is next winterâs clear No. 1 guy â he suggests he will consider any of the 30 teams.
Read more >> : Cick here
|
|
|
|
 |
|
|
Twitter (X), Inc. was an American social media company based in San Francisco, California, which operated and was named for its flagship social media network prior to its rebrand as X. In addition to Twitter, the company previously operated the Vine short video app and Periscope livestreaming service
Twitter (X) is one of the most popular social media platforms, with over 619 million monthly active users worldwide. One of the most exciting features of Twitter (X) is the ability to see what topics are trending in real-time. Twitter trends are a fascinating way to stay up to date on what people are talking about on the platform, and they can also be a valuable tool for businesses and individuals to stay relevant and informed. In this article, we will discuss Twitter (X) trends, how they work, and how you can use them to your advantage.
What are Twitter (X) Worldwide Trends?
Twitter (X) Worldwide trends are a list of topics that are currently being talked about on the platform and also world. The topics on this list change in real-time and are based on the volume of tweets using a particular hashtag or keyword. Twitter (X) Worldwide trends can be localized to a Worldwide country or region or can be global, depending on the topic's popularity.
How Do Twitter (X) Worldwide Trends Work?
Twitter (X) Worldwide trends are generated by an algorithm that analyzes the volume of tweets using a particular hashtag or keyword. When the algorithm detects a sudden increase in tweets using a specific hashtag or keyword, it considers that topic to be trending.
Once a topic is identified as trending, it is added to the list of Twitter (X) Worldwide trends. The topics on this list are ranked based on their popularity, with the most popular topics appearing at the top of the list.
Twitter (X) Worldwide trends can be filtered by location or category, allowing users to see what topics are trending in their area or in a particular industry. Additionally, users can click on a trending topic to see all of the tweets using that hashtag or keyword.