US equities on Wall Street continued to face selling pressure for the fourth day in a row as investor sentiment remained risk-off ahead of important events over the next two days.

The Dow Jones fell 500 points on Tuesday, taking the four-day losing streak to over 2,200 points. This is after the index recovered 200 points from the lows of the day. The S&P 500 and Nasdaq ended 0,8% and 1.2% lower respectively, after having recovered 45 and 200 points from their respective lows of the session.

Concerns surrounding the monetisation capex, results from Nvidia and the delayed by impending September jobs report, coupled with elevated valuations is prompting investors to take money off the table.

A survey of fund managers carried out by Bank of America showed that cash levels among global fund

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