Why is the Stock Market Down Today
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The stock market was down today after an incredible 300 point rally in the SPX in a very short period of time. Think of the rally like you’re running up a hill. At first your sprinting up the hill, but then you start to get tired. As you near the top of the mountain you’re running on fumes. After hours GOOGL missed earnings and the stock was down more than 5%. GOOGL might be an anchor to the market tomorrow holding it back from continuing its march higher.
