Steve Sosnick, Interactive Brokers’ chief strategist, discusses why there have been some recent rallies and sell-offs in the market.
Will market lows be tested over the next few sessions?
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Interactive Brokers Traders Insight
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Markets are suffering sharp losses following an eventful three-day weekend that featured heightening geopolitical tensions amidst a violent selloff in Japanese debt that sent yields on the longest tenors to all-time highs.
Companies repurchasing their shares have helped fuel the explosive rally in the S&P 500.
Digital news sites keep growing at the expense of local tv and print.
With the federal government shutdown delaying major economic data releases, investors are left navigating markets without key signals. While this shutdown does not include debt ceiling standoffs, it still clouds short-term visibility for the economy.