A bunch of sound and fury that signified nothing this morning as markets opened to declarations of “flash crash” and “cyberattack.” Worry not-- it was just a “system issue” at the NYSE, which caused 250 stocks to commence trading without an opening auction price. Not to worry--- any trades effected could be declared “null and void.” Ummmkkkk. Shortly after, markets settled, but not before going below yesterday’s closing price. Yields fell as traders remained indecisive in terms of recessionary fears.
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