The stock market


Stocks have lost steam amid renewed gloom about the odds for rate cuts, stoked by data showing less cooling in inflation than the Federal Reserve wants. At the same time, hopes that Nvidia's (NVDA) blockbuster earnings would spur a broader stock rally were disappointed.

A wave of retail earnings before the bell gave other clues to consumer resilience and economic health. Kohl's (KSS) shares cratered after the department store chain's surprise quarterly loss and cut to its annual sales forecast. Meanwhile, Best Buy (BBY) posted a bigger drop in comparable sales than expected as Americans get choosy about spending on non-essentials.


The grip of Bidenomics.
 
Thats weird
Was something noticeably different or did something happen?
Why did the market jump back up almost 600 points yesterday?
 

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