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Here’s how ‘rare’ S&P 500’s ‘violent’ reversal was after Thursday’s inflation report — and what history shows may come next, according to Bespoke

Por: MarketWatch Business October 14, 2022

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Stocks opened sharply lower Thursday as investors assessed from the U.S. Bureau of Labor Statistics showing that inflation in September, as measured by the consumer price index, was .  All three major stock benchmarks later reversed course, erasing losses and finishing the day with sharp gains.  “There were only nine other days since 1983 when the S&P 500 fell more than 2% intraday but finished the day up over 2%,” said Bespoke. “The... + full article



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