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Politics - US Politics |OT| - View Post

INSANE market action right now. Market exploded higher on a headline attributed to Kevin Hassett. And now nobody can figure out where it came from and the markets are diving again.

An 8% surge and then a 3.5% plunge in a matter of seconds

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— Joe Weisenthal (@weisenthal.bsky.social) 7 April 2025 at 15:25

Is the US Stock Market just one big meme stock?

Bloomberg also made an article saying that Hassett said on Fox News that Trump is considering a 90 day pause (untrue).

CNBC has just talked to the press secretary and she said it was fake news.