A two-week ceasefire agreement between the U.S. and Iran drove Wednesday's market action, which Joe Mazzola of Charles Schwab says likely involved more than short-covering. Mazzola warns that a reversal of these headlines would likely trigger another market sell-off, implying elevated downside risk and continued volatility in the near term.
A two-week ceasefire agreement between the U.S. and Iran drove Wednesday's market action, which Joe Mazzola of Charles Schwab says likely involved more than short-covering. Mazzola warns that a reversal of these headlines would likely trigger another market sell-off, implying elevated downside risk and continued volatility in the near term.
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