KOSPI Scores Its Biggest Day in 46 Years as Amazon Jumps 15%
Korea's ETF rule blew the KOSPI up 17.9%, its biggest day since 1980, while Amazon surged 15% on the first full trading day after the Fed's fractured hold.
Hendrik Van Der Berg
Bureau: Brussels
PJM Files Its 6,831-Megawatt Backstop Auction With FERC
PJM filed the tariff the paper twice reported missing — the $555/MW-day backstop auction is now on the FERC docket after two editions carried its absence.
The Fed's War-Inflation Hold Gets a Market Answer
Bond yields surged on the first full trading day after the Fed's fractured hold — the market's answer to the committee's silence.
Megacap Earnings Split the Street Into Winners and Losers
The sell-side ledger across Amazon, Apple, Reddit, Coinbase, and Mastercard is the reaction record MSM did not synthesize.