Stocks close lower Thursday, erasing Wednesday gains

The Dow Jones Industrial Average fell 340 points, or 0.89%, to 32,929.72. It was weighed down by Walgreens, which lost 6.13% after earnings showed a $5.2 billion opioid litigation settlement drove a quarterly loss.

The S&P 500 shed 1.17% to close at 3,807.99 and the Nasdaq Composite slipped 1.47% to 10,305.24. Bed, Bath & Beyond shed 29.88% after saying its short on cash and considering bankruptcy, and crypto-friendly bank Silvergate Capital plummeted 42.73% after it disclosed major customer withdrawals.Bullish sentiment in weekly retail investor survey among 60 lowest in history

Weekly bullish stock market sentiment fell to 20.5% in the latest survey by the American Association of Individual Investors, down from 26.5% last week and among the 60 lowest readings in the history of the survey, which began in 1987. Neutral sentiment climbed to 37.5% — the highest since March 2022 — from 25.9% in the survey ended Dec. 28, while bearish sentiment fell to 42% from 47.6%.

Earlier this week, the weekly Investors Intelligence survey of financial newsletter writers showed bullish sentiment at 36.6%, down from 37.5% the week before and a December high of 43.3%. Bearish view edged up to 33.8% from 33.3%, but remains far below the recent peak of 44.1% seen in early October.

The Stockmarket falling has nothing to do with so called reports. It moves up & down based on insider market participation. period. Anyone not aware of this is simple not seasoned in the game. 😎

Data does NOT cause the market movement, EXPECTATIONS ARE THE CAUSE! You guys should cite who are the people made these expectations, it seems these people cannot predict anything right, or the people who made expectations are actually the people who manipulated the market!!

Stocks fall was NOT because of the data!!! stocks fall was because someone made these expectations incorrectly!!! You guys should report who made these expectations, how they made these expectations, based on what model…..

Supply side issues folks. They are operating like this is a demand issue.

What does the bourgeoisie have against regular people getting jobs?

framing it so when people are unemployed and he fed and insiders start buying cheap assets and stocks from those who lost them because they don’t have a job.. then they pump them, lower rates and people get jobs back so they can buy the assets back at high prices. 😂

😂 😂 😂 this reads like stocks fell because people have jobs. There is a labor shortage. The fed is printing money while increasing rates. The wolves are eating the sheep.

Bummer People still have jobs Apparently consumers having an income is bad for stonks

“Still strong?” Ya sure🤡

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