The SPDR S&P 500 (NYSE: SPY) opened 0.84% lower Friday after the futures market began to slide just after 6 a.m.
The SPY was likely to retrace because on Thursday, the stock market fund was unable to close the trading session above the 200-day simple moving average (SMA).
Nio, Inc (NYSE: NIO) opened about 3% lower on Friday, in tandem with Tesla Inc (NASDAQ: TSLA), which gapped down about 6% after the EV giant announced it had
The entire investment world was on pins and needles Thursday morning waiting for the release of the December Consumer Price Index reading at 8:30 a.m. EST.
Bitcoin (CRYPTO: BTC) spiked up 2.43% at one point during Thursday’s 24-hour trading session, leading Ethereum (CRYPTO: ETH) about 2.13% higher, prior to the U.S.
Ford Motor Company (NYSE: F) was popping up about 1.6% higher on Wednesday, in tandem with the S&P 500, which was trading about 0.5% higher in the afternoon after a volatile start.