Mainstream Media Claims Markets Were Up Today Then the Market Drops Into ‘Correction’ Territory for the NASDAQ
Earlier today the liberal Mainstream Media needed a win after Biden’s horrible press conference last night. So they made up the story that the stock market was doing well – then the market crashed.
Earlier today the word on the street was that the markets had turned it around and NASDAQ’s ‘correction’ was over. AFP reported:
US and European equities mostly moved higher on Thursday, rebounding following a bad day for tech shares as investors remain nervous about surging global inflation and the prospect of rising interest rates.
New York’s Nasdaq was up 1.9 percent in late morning trading, a day after it fell into correction territory — a decline of greater than 10 percent from its most recent peak hit in November — as companies traded in the tech-heavy index are more susceptible to the prospect of higher borrowing costs.
