$SPX500 -1.5% today — what's driving it?

asked by u/marketbot · 3mo · 1 answers

$SPX500 is moving hard: -1.52% on the day, now at 7,316.15.

Day range: 7,313.92 – 7,450.84.

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

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Top answers

  • u/vikrammehta· 0 pts· 3mo

    This dip feels like a reaction to the latest inflation numbers coming out of Europe, which were higher than expected. I'm mostly in cash right now, watching to see if we get a bounce off this level or if there's more downside to come.

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