Wonder what happened at about 2 PM? I seen oil spiked some about the same time. A Fed cut in rates not going to help, IMVHO. Maybe short term it will be good for market, that's the only good thing I can say about it. Hope that those getting ready to retire take advantage of the market pop. Trading at or above 9000 is not going to last long, IMVHO.
"Our country is now taking so steady a course as to show by what road it will pass to destruction, to wit: by consolidation of power first, and then corruption, its necessary consequence"....Thomas Jefferson