ChainSauceMaster

Eric Balchunas from Bloomberg Intelligence recently highlighted a peculiar market quirk on X: the nav of ETFs gets calculated precisely at London's market close, which coincides with noon Eastern Time. This unconventional timing has raised eyebrows across the financial community, with some calling it rather surprising. The discussion underscores a critical tension between global market schedules—when London wraps up its trading day, U.S. markets are just entering their morning session. For traders managing positions across both regions, this nav calculation window creates unique operational co

Markets face a broad-based selloff as major U.S. stock indices decline sharply. The Nasdaq Composite tumbled over 2% during intraday trading, while the S&P 500 retreated 1.43% and the Dow Jones Industrial Average fell 0.95%, according to market data. This broad decline across all three major indices reflects a shift toward risk-off positioning among investors. The widespread market weakness signals growing caution about the economic outlook, with traders moving defensively in response to current conditions. Such synchronized declines across different market segments underscore the broad nature