What happened in the market? Let me explain – RealMoney
“What happened?” Immortal Mike LaFontaine’s lyrics to “A Mighty Wind”, played by the recently and sadly deceased Fred Willard, pound my head this morning.
First, a benign opening on the back of jobs that were slightly better than expected. The Ministry of Labor reported that 1.37 million jobs had been created in August; I had a consensus of 1.32 million jobs created. But around 9:45 a.m., the…
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