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After the Bell - When the Rulebook Changes
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After the Bell: When the Rulebook Changes
Tuesday’s major indexes barely moved, but underneath the surface the market was anything but quiet.
Long-term Treasury yields pushed to multi-decade highs, oil fell sharply, consumer confidence weakened, and investors dialed back expectations for an immediate Fed rate hike. Carnival, Corning, Meta and CarMax moved higher while Apple, energy stocks and especially Fair Isaac moved the other way.
The Deep Dive looks at FICO’s 26.5% plunge after a…
The skinny
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