UNcorrection…
Just when it looked like Washington was about to hit snooze on the economy, lawmakers pulled a last-minute maneuver to keep the lights on—at least for now. Investors, who had been bracing for yet another government shutdown fiasco, finally exhaled, sending stocks higher. Every sector ended in the green, with tech and energy leading the charge.
Well, I guess we can call it an uncorrection, for now.
The S&P 500 closed 10% below its all-time high, but with a rip-roaring 2.1% gain, marking its best day since November 6, 2020—when investors cheered Trump’s...