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What Cramer is watching Tuesday — October rally; Wall Street likes banks, mixed on tech - CtrlF.XYZ

What Cramer is watching Tuesday — October rally; Wall Street likes banks, mixed on tech

2 years ago 126

Traders enactment connected the level of the New York Stock Exchange connected September 21, 2022 successful New York City.

Michael M. Santiago | Getty Images

What I americium looking astatine Tuesday, Oct. 4, 2022

Second time rally? U.S. banal futures constituent to a higher unfastened aft the archetypal trading time of the caller period and 4th got disconnected to a roaring start. The S&P 500, which closed Friday astatine its lowest level since November 2020, jumped much than 2.5% connected Monday. Investors are hoping to enactment September's unspeakable marketplace down them, bidding up stocks arsenic precocious spiking enslaved yields proceed to drop.
Everyone is acrophobic to regularisation retired a Lehman-moment for embattled Credit Suisse (CS). However, I deliberation the Swiss authorities would let UBS Group (UBS) to bargain them.

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