Stock market news, reaction to the META report, GDP, Toyota and other stocks on US stock exchanges
Stocks sank yesterday after a poor reaction to the META report and a high US GDP deflator. But they were bought back throughout the session and the final drop was small.
And today, after a good reaction to the reports, MSFF and GOOG will buy out yesterday’s fall. There is also optimism in Asia.That is, the reported storm in a teacup turned out to be nothing.
The US dollar remained stable - the foreign exchange market is not ready to play a tougher dollar and the Fed. And only in bonds does selling pressure persist - after the US GDP data, investors' fears of stagflation increased. US...