# Stocks struggle as taper talk, crypto crash put markets on edge | Reuters

> Stocks struggled as Fed minutes showed a number of officials thought it might soon be appropriate to discuss tapering asset purchases, and a crypto market crash added pressure. Some energy and coal futures fell sharply in early trade.

- Date: 2021-05-20 · published 2021-05-20T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/47008-stocks-struggle-as-taper-talk-crypto-crash-put-markets-on-edge-reuters
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Talk of tapering and risk-off sentiment strengthen the dollar and weigh on commodities, with energy and coal showing sharp declines. Feed-relevant impact is indirect and mostly through energy and currency channels.

## Read by commodity

- DXY: bullish ▲
- WTI: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2018-07-19 | [Dollar and gold falters as Trump hits fed, stocks drop: markets wrap - MINING.COM](https://feedsoft.ai/events/63947-dollar-and-gold-falters-as-trump-hits-fed-stocks-drop-markets-wrap-mining-com.md) | +2.5% | -5.4% |
| WTI | 2025-10-20 | [Brent oil structure, physical markets reflect fears of supply glut \| Reuters](https://feedsoft.ai/events/22585-brent-oil-structure-physical-markets-reflect-fears-of-supply-glut-reuters.md) | +6.8% | +4.4% |
| WTI | 2022-01-24 | [Oil falls 2% as Fed rate hike talk spooks risk markets](https://feedsoft.ai/events/43049-oil-falls-2-as-fed-rate-hike-talk-spooks-risk-markets.md) | +2.6% | +7.1% |
| WTI | 2020-10-26 | [Stock markets slide as Covid-19 cases rise](https://feedsoft.ai/events/8190-stock-markets-slide-as-covid-19-cases-rise.md) | -10.3% | +5.7% |
| WTI | 2020-01-27 | [Stocks and Oil Drop, Gold Rises As Wuhan Coronavirus Spreads - Markets Insider](https://feedsoft.ai/events/4514-stocks-and-oil-drop-gold-rises-as-wuhan-coronavirus-spreads-markets-insider.md) | -4.7% | -5.1% |
| DXY | 2021-06-17 | [Global Markets: Tech shares buck trend as hawkish Fed weighs on global stock markets \| Reuters](https://feedsoft.ai/events/46776-global-markets-tech-shares-buck-trend-as-hawkish-fed-weighs-on-global-stock.md) | +1.1% | +1.7% |
| DXY | 2021-02-26 | [GLOBAL MARKETS-Stocks try to recover from bond whiplash, dollar gains By Reuters](https://feedsoft.ai/events/10601-global-markets-stocks-try-to-recover-from-bond-whiplash-dollar-gains-by-reuters.md) | +0.7% | +1.9% |
| DXY | 2021-02-26 | [Stock markets roiled by global bond whiplash \| Reuters](https://feedsoft.ai/events/9588-stock-markets-roiled-by-global-bond-whiplash-reuters.md) | +0.7% | +1.9% |

## Sources

- reuters.com: https://www.reuters.com/business/global-markets-wrapup-1-2021-05-20/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.