Latest / Wall Street Closing Bell: Daily Market Recap with Peter Tuchman, the Einstein of Wall Street
Oil Spike Sends Stocks Lower as Fear Creeps Back Ahead of Earnings Season | 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 closed right off the lows of the session on July 13, with the S&P 500 (SPY) down 60 handles on 1.1 billion shares traded. Peter calls it a lackluster tape with one clear driver behind it, and that driver is oil. Brent crude jumped roughly 7 dollars after trending lower for weeks, a reversal that reawakened the old one…
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