On the SPOT blog (11/3/2022) [A..]

Markets continued to assimilate Fed speech and continued the "waiting game" for the Jobs report due tomorrow. All three major indices finished in red today. Big tech's misery continues. I suppose when there is fear of recession, big companies that miss their estimates get punished the most. That seems evident from the fact that Apple's market cap now seems to be in a league of its own (much better than Google. Microsoft, Amazon, Meta).

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