Bad news are good news - but how bad is it really?


Stocks advanced as data showed the number of Americans receiving more than a single week of unemployment benefits had climbed by 41,000 last week to 1.71 million.

Stocks are on track to finish what’s set to be the worst year since 2008 not far from their 52-week lows. The S&P 500’s 52-week closing low, reached 3,577.03, reached on Oct. 12.

MarketWatch 29 December 2022

https://www.marketwatch.com/story/stock-futures-strive-to-rally-after-latest-sell-off-11672306042


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