📈 Why The Stock Market Closed Lower Yesterday

Daily Stock Market News

English - November 29, 2022 16:40 - 18 minutes - 16.5 MB
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Previous Episode: 📈 Fed Members Say Interest Rates Must Go Much Higher - Here’s What That Means

Next Episode: 📈 S&P 500 and Nasdaq close lower for 3rd straight session

Here's what is happening in the markets today, Tuesday, November 29th

Stocks closed lower on Monday
Reason: demonstrations in China regarding Covid restrictions
Companies with big production facilities in China were under pressure, e.g. Apple (AAPL) drops 2.6%
This week: Job’s report and key inflation report PCE
Wednesday: Big speech from Fed Chair Jerome Powell
Crude Oil falls to lowest level of the year
More cryptocurrency worries: BlockFi files for bankruptcy
… and much more

PLUS: How we trade these markets and our current positions

This wraps up today's stock market news.

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