Ugly one for stocks
Powell was remarkably dovish but it didn’t do anything for equities. The S&P 500 fell 99 points to 3750.
- S&P 500 -2.6%
- Nasdaq -2.6%
- DJIA -2.1%
- Russell 2000 -2.1%
GameStop finishes at $347, up around 120% on the day. AMC finished at $19.90 from $5.20 at the close yesterday. What a wild day.