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by cactus2093 2229 days ago
There's not always a true, causal explanation of why stocks are reacting as they are. Don't be too quick to trust cable news anchors or other stock market shills that make a living making up and touting stock market narratives. By definition a stock price is a split of the public consensus of what's happening, just as many people are selling as buying at that price.

Your explanation seems as good as any.