A bullshit missile rumor just hit the tape and stocks took a quick sharp dip.

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For like 10-15 minutes the market freaked out, S&P dropped almost 1%, then everyone realized it was fake and bought the dip hard. Most of the losses got wiped out fast.

Classic move lately. One random Iran or Hormuz rumor pops up, everyone sells first and asks questions later, then buys back once it turns out to be nothing. Happens way too often now.