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20Jul2021 Market Close: DOW Closed Up 550 Points, Reclaiming Much Of The Lost Ground From Monday, Nasdaq Up 1 6%, WTI Crude Fractionally Higher 67 46, Bitcoin Steady At 30000

During his press conference yesterday, Biden admitted that he chatted to Powell (about The Fed s independence ) yesterday. Are we seeing the result of that today? All major equity indices suddenly exploded higher as the cash market opened with Small Caps the most ridiculous followed by Nasdaq and the S&P, all of which erased yesterday s losses. Some selling in the last few minutes took the shine off an otherwise perfect squeeze higher, with the S&P falling back into the red from Friday. There was barely any net selling pressure today. this is one of the wierdest intraday TICK charts we have seen.

Consumer Reports says Tesla s Full Self-Driving software lacks safeguards

David Shepardson 2 minute read The logo of car manufacturer Tesla is seen at a dealership in London, Britain, May 14, 2021. REUTERS/Matthew Childs/File Photo WASHINGTON, July 20 (Reuters) - Consumer Reports said Tuesday that Tesla Inc s (TSLA.O) Full Self-Driving software lacks safeguards and raised concerns the system s use on public roads puts the public at risk citing reports from drivers. The influential consumer publication cited videos posted on social media of drivers using it and raised concerns about issues, including vehicles missing turns, scraping against bushes, and heading toward parked cars. Consumer Reports said it plans to independently test the software update known as FSD Beta 9, as soon as its Model Y receives the update.

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