The 2:00 tape was a draft. 4 p.m. is the grade.
Yahoo Finance, Thursday 4:00 p.m. ET: Dow Jones 52,342.56, down 132.54 from Wednesday’s 52,475.10, −0.25%. S&P 500 7,720.39, down 23.59, −0.30%. Nasdaq Composite 26,184.72, down 365.13, −1.38%. Russell 2000 2,859.22, up 28.71, +1.01%. Midday we had Dow 52,181.23 at 2:00 p.m. ET. Do not smash 52,343 into 52,181. They are not the same print. 52,342.56 is the close. 52,181 at 2:00 already ran as a tape. Do not smash 52,343 into Wednesday’s unused close 52,475.10. Do not smash 52,343 into Wednesday 2:00’s unused 52,503.13. Wednesday already filed the unused close as 52,475.10. We will not reprint it as first-day news.
Yahoo, Thursday 6:00 p.m. ET: Bitcoin $78,832.21. That is not 2:00’s unused $80,778.97. That is not Wednesday 6:00’s unused $81,252.43. WTI futures (CL=F) $102.86 at 4:59 p.m. ET, vs 2:00’s unused $102.07 at 1:50. Brent futures (BZ=F) $111.54 at 4:59, vs 2:00’s unused $110.72 at 1:50. Those are futures. They are not a Thursday oil settle we invent. Do not smash 2:00’s $102.07 / $110.72 into tonight. 10-year (^TNX) 4.989% at 2:59 p.m. ET, vs 2:00’s unused 4.999% at 1:45, vs Wednesday’s unused 5.045% at 2:59. Funds are still 3.75–4%, 10–2. Yesterday already filed the unused statement: a hold, not a hike, not 12–0. Lisa D. Cook and Beth M. Hammack dissented. We will not reprint 12–0 as today’s vote. We will not invent Chair Kevin Warsh’s press conference.
What this means for you
If you hold an index, Thursday’s grade is 52,343, not 52,181 at 2:00 and not Wednesday’s 52,475. If you wanted tonight’s unused bitcoin, it is $78,832 at 6:00. Not investment advice.
Bottom line: Close 52,342.56. Not 2:00’s 52,181. Not Wednesday’s 52,475. $78,832 at 6:00. Hold 10–2, not 12–0.
GLHR NEWS explains the news. Not investment, tax, or trading advice. Do your own work before you act.
