03Aug2021 Market Close: Wall Street Closed Sharply Higher After Morning Rout, DOW Up 278 Points, Nasdaq Up 0.6%, Bitcoin Slips 37900, Dogecoin Lower $0.19
Goldman says stagflation risk rising, hedge for "large equity drawdown" (SPY +0.8%). Stocks tanked in the pre-market before Factory Orders printed with better than expected but entirely decoupled from ISM. The Market in Perspective Here are the headlines moving the markets. Theres A New Battery King And Its Minting Billionaires Faster Than Google After an almost surreal 15-month stretch that saw its market value balloon 17-fold, Tesla Inc. (NASDAQ:TSLA) has come back to earth this year and a...
Source: econintersect.com