Stock-market investors can be forgiven for feeling a little dizzy after a day that saw stocks plunge in reaction to another round of hotter-than-expected inflation data only to surge higher and extend gains into the closing bell.
What gives — are investors suddenly OK with inflation? Not likely. But market experts cited a number of factors that set the stage for a bounce. More germane, on a percentage basis, the 5.16% swing between the Dow’s intraday high and low was the largest spread since April 6, 2020. The last time the Dow gained at least 3% through the close on a day when it was down as much as 1.88% was on Aug. 9, 2011.
That may have left the market open to some short covering after the initial kneejerk reaction, analysts said.
Isn't inflation when prices go up?
I’m rich
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
Stocks dive, dollar rallies as dazed traders gird for inflation dataAsian stocks sank again Wednesday while the dollar held gains against the yen and sterling as the volatility that has characterised markets for most of the year showed no sign of letting up.
แหล่ง: YahooNews - 🏆 380. / 59 อ่านเพิ่มเติม »
Asian stocks moving lower in wake of latest volatile session on Wall StreetJapan's yen hits 24-year low against the U.S. dollar.
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »
These are the Dow stocks to buy and sell as rates surgeThe 10-year Treasury yield has been retesting a key 4% level since breaking above it last month for the first time since 2008.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »
Further 20% fall in U.S. stocks ‘certainly possible,’ says IMF directorTobias Adrian told CNBC the market sell-off had been driven by higher interest rates so far, but a collapse in sentiment could see equities tumble. It is underestimate of fed expectations. Yawn nana
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »
European stocks struggle for direction, sterling recovers after BoE warningEuropean stocks held steady in early trading on Wednesday, while sterling recovered after hitting a 13-day low overnight as the Bank of England reiterated that it would end its emergency bond-buying at the end of the week.
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »
U.S. stocks open lower after hotter-than-expected producer price inflation dataU.S. stocks opened lower on Wednesday after erasing their premarket gains as data showed producer-price inflation accelerated more quickly than expected last...
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »