Noun
a sale of a relatively large number of assets (stocks or bonds or commodities) at a low price typically done to dispose of them rather than as normal trade
Source: WordNetEquities in Japan and Australia climbed more than 1%, but a technology selloff in China deepened following Beijing’s crackdown on the Internet industry. Source: Internet
"Clearly this selloff today is pretty dramatic and there's no question that the selloff in the U.S. was precipitated by what's going on in Europe," said Chris Zaccarelli, chief investment officer for Charlotte-based Independent Advisor Alliance. Source: Internet
Contracts on the S&P 500 Index were up more than 1% as investors found buying opportunities after a selloff that took the gauge to its lowest since July last week. Source: Internet
“I would say this is at the very least a sharp correction,” he said of the selloff, adding that there are “no guarantees that we’ve seen the worst in the markets yet.” Source: Internet
Last Thursday’s selloff “proved to be a Thanksgiving gift for Bitcoin bargain hunters. Source: Internet
Many investors have said the selloff was a healthy correction. Source: Internet