Hi: I am teaching myself about the stock market. (Not investing yet.) I've spent the last few weeks writing out definitions of terms and watching CNBC and Bloomberg in an attempt to pick up basic fundamentals and concepts.
I got an alert on my phone this morning that China's new round of tariffs was already pushing the market downward and that it was poised to open in the red and near correction. Alas, when the market did open, the Dow/S&P/Nasdaq were all down as predicted.
Here is my question: How does the market move up and down if it's closed? Is the market opening lower because investors are pulling their money out or selling off in preparation of a downturn based on China's announcement? Are companies moving money?
Another way to put it is thusly: A + B = C. In this case, A is China making an announcement. C is the market dropping. So what exactly is B?
I would appreciate any insight into this! Please don't hold it against me that I didn't see what Melissa Lee is wearing today!
Submitted April 04, 2018 at 11:03AM by SpotISAGoodCat https://ift.tt/2JhHPlc
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