The Market Just Took A Dramatic Dive On The Philly Fed Data

U.S. equity markets have just turned south after rising all morning.

The reason: markets weren’t impressed with the Philly Fed data and the hints of further inflation within.

  • Dow down 0.51%
  • NASDAQ down 0.74%
  • S&P 500 down 0.49%

Check out more on the Philly Fed data here >

The Dow:

Chart

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