Closing Bell: Choppy session for stocks, OPEC surprises, The bull case for Bitcoin 10/5/22
Stocks staged an impressive comeback, with the Dow clawing back from a 430 point loss to finish just slightly in the red. Adam Crisafulli from Vital Knowledge and Mona Mahajan from Edward Jones debate if this week’s market strength is a classic bear market bounce or something more sustainable. Energy was by far the top performing S&P 500 sector as oil rose after OPEC+ announced a production cut. Dan Pickering from Pickering Energy Partners weighs in on how high oil could climb. And D.A. Davidson’s Gil Luria joins to make the bull case for Bitcoin, which is down around 50% on the year.
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