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My feeling is that the gap created on Wednesday morning's open will try to fill.
It is now clear, in a world without all that much clarity, that professional money is in the early stages of distribution mode.
The automaker intends to make an even-bigger investment in EV production than outlined just a few months back.
Nancy Pelosi and Mitch McConnell have plenty more up their sleeves. The appearance of having gained the upper hand is more important to them than your P/L ratio.
The announcement is welcome because it ensures production predictability, though deliveries scheduled for next year have come down a bit.
The real crisis is not that the Evergrande story will be back, but that China isn't able and politically willing to be the global driver of economic growth it has been.
More than the first-quarter revenue miss, the problem was in the company's guidance.
Plus, a look at where central bank policies appear to be heading.
Costco Wholesale will report the firm's fiscal fourth quarter and full year financial performance Thursday evening.
It was as if markets heard what they wanted to hear, when it was actually much more simple: markets heard exactly what they had anticipated.