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US equities were sharply lower in Thursday trading, though ended off worst levels. Stocks gave back some of their monster Wednesday rally, a good chunk of which was chalked up to oversold conditions, positioning, and short covering. In macro news, headline March CPI decreased 0.1% month over month, cooler than consensus amid lower energy prices.
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US equities were sharply lower in Thursday trading, though ended off worst levels. Stocks gave back some of their monster Wednesday rally, a good chunk of which was chalked up to oversold conditions, positioning, and short covering. In macro news, headline March CPI decreased 0.1% month over month, cooler than consensus amid lower energy prices.
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