Markets and indexes

Disappointing revenue and profit forecasts from Amazon and Google-parent Alphabet helped push the Nasdaq further into a correction.

With the number of U.S. indexes far outstripping stocks, anxiety is mounting over whether the funds artificially inflate share prices, fueling bubbles.

The deluge into the retail-friendly vehicles comes as the S&P posted declines in 19 of 24 days since peaking in September

“There’s just right now a heightened sensitivity to what can go wrong,” one strategist says.

Indexes typically tracked by the funds are often excessively allocated to Treasurys and mortgage-backed securities.

Rising interest rates and trade war threats are promulgating the rout in equities.

It is not uncommon for asset managers to view these three functions as separate and distinct units with entirely different missions and goals.

Caution is key across global markets as investors try to gauge whether the selloff is a harbinger or a blip.

Nuveen has pared allocations to non-U.S. developed market equities, while JPMorgan is dialing back global stocks positions in favor of U.S. shares.

Companies that haven’t released financial reports for extended periods of time are expected to be put under the microscope.