Major Stocks Fall, New French Government, Company Stock News and Geopolitics
Stock market news
• Yesterday's stock trading began with a sharp drop in popular stocks, which have recently been frequently bought with borrowed funds. But defensive and cyclical sectors held up well. Stock indices were bought out at the close. Value beat Growth. Testing important support did not provoke a mass closure of positions by stop losses. This means that the bulls got a chance to counterattack the bears. It is not surprising that Bitcoin returned to $95 thousand after testing $90 thousand. Tomorrow will be interesting, when banks start reporting, and data on consumer inflation...