Latest / Wall Street Closing Bell: Daily Market Recap with Peter Tuchman, the Einstein of Wall Street
Fed Day Whipsaw Turns Into a Late Selloff as Meta Misses on Earnings | Wall Street Closing Bell with Peter Tuchman
Today's Wall Street Closing Bell recap with Peter Tuchman.
In today's episode of Wall Street Closing Bell, Peter Tuchman, the legendary New York Stock Exchange (NYSE) trader known as the "Einstein of Wall Street," breaks down everything that moved the stock market today. Stocks opened higher and rallied before reversing hard on Federal Reserve (Fed) decision day, with the Dow Jones closing down roughly 1,100 points and the S&P 500 (SPY) finishing about 120 handles lower. Peter walks through the two-stage reaction he has traded for 40 years, the reflexive move on the rate announcement itself…
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