Markets
Here are today’s market moves:
What Happened?
The S&P 500 fell on Wednesday after minutes from the Federal Reserve’s last meeting showed the central bank is preparing to pull back support later this year.
In the coming months, investors will be trying to determine when exactly that might be. The timeline could be affected by the spread of the delta variant.
A whole lot of red names today:
The S&P 500 is still up 100% since the March 2020 pandemic low, so small pullbacks like today should not come as a surprise.
The crypto market was relatively flat on Wednesday, with Bitcoin trading just below $45k, as the market takes a breather.
What Else?
Elizabeth is just angry that she wasn't included in Pelosi's trading discord server
Elizabeth Warren @ewarren