After an extremely whippy day with a slide leading up to Jerome Powell's remarks on the state of the economy and the Fed, we had a sharp recovery to close a little higher after he said they are not going to ease up on easy money policies anytime sooner than expected as of now. There was of course a lot of chop on the way back up to that higher close though...

Energy sector absolutely hammered today and down almost 3%, likely due to the EU and China pledging sweeping reforms to limit greenhouse gas emissions and fossil fuel consumption, and potentially imposing levies on imports from countries that still have high rates of pollution. This would of course include the US.

Bitcoin stays steady throughout the day, been a boring few weeks for bitcoin but it seems that it and the crypto market are resting now that they are out of the limelight (and Elon Musk is not tweeting about it anymore).