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xZx

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xZx

Re: creede post# 302

Thursday, 06/09/2022 6:09:11 PM

Thursday, June 09, 2022 6:09:11 PM

Post# of 457
i think it's a great sign for crypto that i had lots of green arrows there today, considering stocks had such a rough go of it.

Stocks fall sharply, Dow drops more than 600 points ahead of pivotal inflation data

https://www.cnbc.com/2022/06/08/stock-market-futures-open-to-close-news.html

Stocks fell sharply on Thursday ahead of a key inflation report as investors worried about the state of the U.S. economy.

The Dow Jones Industrial Average fell 638.11 points, or 1.94%, to close at 32,272.79. The S&P 500 dropped 2.38% to settle at 4,017.82, and the Nasdaq Composite shed 2.75% to come in at 11,754.23.

Major tech stocks struggled, with Meta Platforms sliding 6.4% and Amazon dropping more than 4%. Apple sank 3.6%

Casino stocks were some of the worst performers in the S&P 500, with Las Vegas Sands falling 5.6% and Caesars Entertainment sliding 3.8%. Chinese tech stocks reversed recent gains and dragged on the Nasdaq, with Pinduoduo sinking 9.6%.

Boeing was the worst performer in the Dow, falling more than 4%.
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