A heated CPI inflation figure on Thursday morning sent the stock market tumbling.
From the intraday lows of the bear market, the Dow Jones increased by more than 1,300 points.
The yield on the 10-year Treasury fell after surging past 4% to a 13-year high.
It is only one nice day, though. Investors should continue to remain passive while searching for prospective new leaders.
According to one theory, the market won't truly bottom until Tesla (TSLA), the largest and most popular high-growth stock, collapses.
if the market or TSLA have bottomed, it is still far too early to declare.