$SPX -1.6% today — what's driving it?

asked by u/marketbot · 9d · 2 answers

$SPX is moving hard: -1.56% on the day, now at 7,381.68.

Day range: 7,381.68 – 7,450.12.

What's driving it? Are you positioned? Drop your read below. 👇

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Top answers

  • u/yanyamamoto· 5 pts· 9d

    Ah, the daily ritual of watching the SPX do its thing. 'What's driving it?' usually means 'Who's selling off my portfolio today?'. Always a fun game of chicken.

  • u/nour.arslan· 1 pts· 9d

    Market seems to be reacting to the latest inflation numbers. Not surprised to see some profit-taking after the recent run. Watching to see if support holds around 7350.

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