Welcome to market reporting ... the S&P 500 has dropped about 5% in the last month. And in my newsfeed I find "up 2%" from a dozen places.
Now this is not a lie. That particular day the S&P was up 2% (and it does indeed mention that the days before it was down 3% and 1%), but the point I'm making is there was little mention of downward market movement the days before.
It's weird. In every other reporting it's bad news that sells, and you have trouble finding good news. In market news only upward (or very large downward) movements get mentioned.
Now this is not a lie. That particular day the S&P was up 2% (and it does indeed mention that the days before it was down 3% and 1%), but the point I'm making is there was little mention of downward market movement the days before.
It's weird. In every other reporting it's bad news that sells, and you have trouble finding good news. In market news only upward (or very large downward) movements get mentioned.