Amyris Inc Among Today’s Top Shorts As Major Indices Fall Following The Fed’s Meeting Minutes

Amyris Inc Among Today’s Top Shorts As Major Indices Fall Following The Fed’s Meeting Minutes

At least jobless claims last week hit a new pandemic-era low at 348, 000. Because we need all the good news, we can get today. Sentiment continues to worsen this week on the heels of the Afghanistan debacle and the Delta variant. But now, we have the Fed to thank for some of that too. In its July meeting minutes, the Fed revealed Wednesday that it could start tapering its asset purchasing program as early as the fall. This would also mean the end of aggressive economic stimulus. To top it off, oil fell to its lowest level in months, and copper lost 2% on growth concerns without more Fed support. Furthermore, the 10-year yield fell to 1. 25%, and Goldman Sachs GS slashed its growth forecast for this quarter to 5. 5% from 9%. Inflation continues to worsen as well. For the third day in a row, the indices broadly fell, with the Dow Jones dropping around 145 points or 0. 4%, the S&P 500 falling 0. 4%, and the Nasdaq NDAQ dipping 0. 5%. If you're looking for a way to play this market, the deep learning algorithms at Tryq. ai have crunched the data to give you