The massive short squeeze fueling rampant retail buying continues Wednesday as earnings season trudges along, revealing some big losers last year and crippling the broader market ahead of a busy slate of reports after the closing bell.Shortly after the market open, the Dow Jones Industrial Average fell 388 points, or 1.4%, while the S&P 500 also fell 1.1%, and the tech-heavy Nasdaq shed 0.8%.
Heading up losses in the S&P, shares of apparel giant VF Corp, which last month completed an acquisition of streetwear staple Supreme, are down nearly 5% after the firm provided full-year earnings guidance solidly below analyst expectations as pandemic store closures and lower demanda record $11.9 billion loss last year and delayed the rollout of its 777X program until late 2023.
The big companies have come to roast. Non of them surported or donated money to help bring down the overpriced covid19 vaccines for poor people and poor countries. All they talk about is rise and fall of markets. Shares,shares, shares.
Market conditions was never designed to end Poverty just quid pro quo formulas among the elite supremest mindset.
This is what true MARKET MANIPULATION looks like)TD Ameritrade:Security impacts related to market conditions In the interest of mitigating risk for our company and clients, we have put in place several restrictions on some transactions in $GME, $AMC +other securities. ameritrade
What’s Market nonsense? Because of GME?
small correction for hunt more bears
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Forbes - 🏆 394. / 53 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: Forbes - 🏆 394. / 53 Read more »