Bloomberg Market Wrap 3/15: S&P 500 Volatility, Turtle Beach, Economic Sentiment

The video covers market analysis focusing on the S&P 500, highlighting its volatility and key levels. It discusses Turtle Beach's stock performance, influenced by the Fortnite craze and its position in the headset market. The video also examines US economic data, with a focus on the jobs market and sentiment surveys, indicating strong job security expectations.

What is the significance of the 2800 level for the S&P 500 as discussed in the video?

• It represents a key resistance level.

• It is the average level for the past decade.

• It marks the lowest point in recent years.

• It is a new all-time high.

Why did Turtle Beach shares initially surge by 1600%?

• Because of the Fortnite craze.

• As a result of a stock split.

• Due to a new product launch.

• Following a merger announcement.

What percentage of Turtle Beach's shares were on loan as of the latest report?

• 72%

• 45%

• 85%

• 60%

What does the Citigroup U.S. Economic Surprise Index indicate about recent economic data?

• It is solidly negative.

• It is at its highest level since 2016.

• It shows a positive trend.

• It indicates stable economic conditions.

According to the University of Michigan sentiment survey, what is the current sentiment regarding job security?

• Job security sentiment is at its lowest in a decade.

• There is a 50% chance of job loss in the next five years.

• Workers expect the lowest chance of job loss in ten years.

• Workers expect a high chance of losing their jobs.