The Jobless Claims Report came in hotter than expected, causing people to panic and sell their stocks. Hopes of inflation seemed to be dashed on that day Until they realised it was still a good news overall. The US stock market rallied as a correction result toward this realisation, the S&P500 and NASDAQ 100 returning […]

source: https://thefinance.sg/2024/05/27/good-news-for-financial-markets-part-1/