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Two reasons for optimism after Tuesday's whipsaw market sell-off
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...