The 2:03 tape was a draft. 4 p.m. is the grade.
Yahoo Finance, Thursday 4:00 p.m. ET: Dow Jones 52,177.69, up 556.21 from Wednesday’s 51,621.48, +1.08%. S&P 500 7,744.06, up 25.12, +0.33%. Nasdaq Composite 26,713.03, up 20.16, +0.08%. Russell 2000 2,767.27, up 37.74, +1.38%. Midday we had Dow 52,136.68 at 2:03 p.m. ET. Do not smash 52,178 into 52,137. They are not the same print. 52,177.69 is the close. 52,137 at 2:03 already ran as a tape. Wednesday’s unused close already ran as 51,621.48. We will not reprint it as first-day news.
Yahoo, Thursday 6:00 p.m. ET: Bitcoin $82,371.99. That is not 2:03’s $82,209.66. That is not Wednesday 6:01’s $81,662.18. WTI futures (CL=F) $96.12 at 4:59 p.m. ET, vs 2:03’s $96.46 at 1:53, vs Wednesday Yahoo’s $95.17 at 4:59. Brent futures (BZ=F) $105.73 at 4:59, vs 2:03’s $105.87 at 1:53, vs Wednesday’s $106.06 at 4:59. Those are futures. They are not a Thursday oil settle we invent. Do not smash Wednesday’s $95.17 / $106.06 into tonight. 10-year (^TNX) 5.09% at 2:59 p.m. ET, vs Wednesday’s 5.19% at 2:59, vs 2:03’s 5.09% at 1:48. Funds are still 3.75–4%, 12–0. Next FOMC is Oct. 27–28, statement Oct. 28 at 2 p.m. We will not invent a hike or a cut on a Thursday close.
What this means for you
If you hold an index, Thursday’s grade is 52,178, not 52,137 at 2:03 and not Wednesday’s 51,621. If you wanted tonight’s unused bitcoin, it is $82,372 at 6:00. Not investment advice.
Bottom line: Close 52,177.69. Not 2:03’s 52,137. Not Wednesday’s 51,621. $82,372 at 6:00.
GLHR NEWS explains the news. Not investment, tax, or trading advice. Do your own work before you act.
