Latest / Wall Street Closing Bell: Daily Market Recap with Peter Tuchman, the Einstein of Wall Street
Market Erases the Fed Day Selloff in a Full Reversal as Rotation Takes Over | 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. Yesterday the Federal Reserve (Fed) held interest rates steady, and stocks rallied hard while the new Fed chair spoke before careening lower the moment he stopped. Today delivered an almost exact mirror image, with the Dow Jones up 600 and change and the S&P 500 (SPY) up roughly 132 handles, close to 1.7 percent, taking back…
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