Two reasons for optimism after Tuesday's whipsaw market sell-off
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Source: CNBC
Published: 2026-06-10 21:26 UTC+10:00
Section: General
Factuality Score: 92
Opinion Category: Neutral
Topics: Business, Energy, Economy & Finance, Financial Markets, US Politics, Business & Economy, Technology
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Snippet:
With CPI inflation data in the morning and software giant Oracle reporting earnings after the bell, Wednesday presents a big test for a U.S. stock market trying to find its footing after its worst day in a year and a nail-biting whipsaw session on Tuesday.There's reason for optimism, judging by bullish options flows around stocks that do better when interest-rates stay lower, and call-buyers who are prepared for the biggest move in Oracle since Covid.First, inflation: despite economists expecting annualized
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