Dow's early 400-point jump faded fast as growth and inflation signals collided
Your Daily Market Brief  The market's schizophrenic performance tells you everything about where we are right now. Investors received data pointing toward slower economic growth paired with persistent inflation,the classic stagflation setup,and their initial reaction was to buy stocks. The Dow jumped 400 points in early trading before giving back nearly all those gains, closing up just 57 points, or 0. 1%. Read Full Analysis |
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