Dip buyers lost the battle in the US equity market today | Forexlive
Closing changes:
- S&P 500 -07%
- DJIA -0.5%
- Nasdaq Comp -1.1%
- Russell 2000 -0.9%
- Toronto TSX Comp +0.4%
The bulls bought the dip twice today but jitters ahead of tomorrow’s CPI report won out and stocks finished just above the midday lows.
SPX intraday
More broadly, there was a taste of the 2022 market today as oil prices and commodity producers made gains while the broader market stressed about inflation.