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Latest / Wall Street Closing Bell: Daily Market Recap with Peter Tuchman, the Einstein of Wall Street

Heavy Volume and Broken Correlations as Fourth Quarter Rebalancing Hits the Market | 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. The Dow Jones Industrial Average finished up 50 points while the S&P 500 (SPY) slipped 30 points, leaving a mostly red day across the market. Volume was the standout, with 1.85 billion shares on the tape against an NYSE average of roughly 1.1 billion, plus heavy pair-offs on both sides of the market around 2 p.m. Peter points…

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