Every move in the S&P 500 we have explained, newest first, with the evidence and the test each explanation had to pass.
Dow −1.1% to 52,269
Selling rotated from chips to the broader market. Airlines fell on fuel costs, American Express on job cuts and a revenue miss, and Verizon on reports about SpaceX. Chips stabilised after Thursday’s worst Nasdaq session since June.
BPlausibleOpenRead the evidence and the testSealed bb09211d4430
7,580.07−1.82%
1 calls: 0 held, 0 failed, 1 open.
Each file stays exactly as published. The status shows how its test has fared.
The drivers behind most moves in the S&P 500, and the trap in reading each one.
How fast prices are rising, and whether that is speeding up.
Wars, attacks and production decisions that change the oil price.
How much the largest companies spend on chips, data centres and power.
Quarterly results and, more importantly, guidance.
The pace of the world's second-largest economy.
The session's material moves, their drivers and every call that came due. In your inbox every weekday morning. Free to read, one click to leave.
