Stocks Suddenly Plunge To 2-Week Lows

Stocks Suddenly Plunge To 2-Week Lows

Tyler Durden

Thu, 10/22/2020 – 10:30

Amid a chaotic week of stimulus headlines, US equity markets suddenly just snapped lower led by Nasdaq…

No immediate catalyst was obvious for the move aside from a lack of stimulus “hope” or “optimism” comments this morning.

Pushing Nasdaq to 2-week lows…

The dollar is rallying modestly on the day (and bond yields are higher but not reacting to this drop in stocks)

Time to unleash the Kudlow.

via ZeroHedge News https://ift.tt/3mbtLfJ Tyler Durden

Leave a Reply

Your email address will not be published. Required fields are marked *