Stock Market Today: Quick Crypto Crash Briefly Shakes Market
by Kyle Woodley
May 19, 2021
2 minutes
The Dow Jones Industrial Average absorbed its third consecutive loss on Wednesday amid a broad but ultimately mild selloff sparked by continued worries over a bubble in financial assets.
The European Central Bank's Financial Stability Report today declared that "some market segments continue to show signs of elevated valuations and may be at risk of a correction," echoing similar sentiment from the U.S.'s Federal Reserve.
Several analysts also posited that investors were unnerved by a nasty spill in , with major players and hemorrhaging as much as 32% to
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