The big picture:
And the S&P 500 did, in fact, plunge after the inflation report, opening down 2%. However, it then boomeranged, closing upYes, stocks go up and down all the time. But the size of the swing from the opening tick was highly unusual. Bear market rallies are the brief, sharp increases that regularly happen, even as the market's broad trajectory is lower.
Source: News Formal (newsformal.com)
Because we all know when inflation happens it's because life is too cushy for the people at the bottom. Solution: cause a massive recession, mass layoffs, huge unemployment s. Make it an employer's market again. That's a Biden win! McConnell agrees! Ain't bipartisanship grand
The DOW was down 400 points today? Is that a rally?
timely story — the market tanked today.
Rallied sharply?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crypto Layoffs: NYDIG, WazirX, Coinbase, Gemini Among Firms Forced to Make Mass Job CutsAn unrelenting crypto winter is continuing to hit all corners of the industry. So far it has wiped out more than 11,700 jobs, according to data complied by CoinDesk. Here's where we stand 👇 Thee biggeest privatee seeccreet of DEX I live in Vietnam, I'm a student without a job I'm poor, I want a house and a car need help and someone sponsor me Get support Donate crypto deposit via this e-wallet code : - USDT (ERC20): 0x56a4533819f2a641649f9a3d0a180b26e8b0742e - BTC: 1MezV7dxECwDhWfjHA2NjRFMNzPXe8ZvA1 vote here next 100x coin
Source: CoinDesk - 🏆 291. / 63 Read more »
Blockchain games and metaverse projects raised $1.3B in Q3: DappRadarBig money coming in. Blockchain gaming and metaverse projects brought in a whopping $1.3B in Q3 alone. (Reporting via forgeforth_) forgeforth_ I should think carefully about this
Source: Cointelegraph - 🏆 562. / 51 Read more »
Cardano (ADA) Getting Demolished: Crypto Market Review, October 13Today is not the best day for $ADA holders as crypto market pricing elevated inflation numbers IOHK_Charles signed his own death certificate. XRPWINS
Source: Utoday_en - 🏆 295. / 63 Read more »
At 1,400 pounds, Bear Force One wins this year's Fat Bear Week showdownDespite a bot ballot stuffing scandal, the colossal 747 soared over the competition by more than 10,000 votes.
Source: PopSci - 🏆 298. / 63 Read more »
Teyana Taylor Rides With Hummer & More Party Photos You MissedFOMO-inducing party photos from Louis Vuitton to Staud, and beyond.
Source: NylonMag - 🏆 697. / 51 Read more »