The 10-year Treasury yield, which moves opposite price, fell to 1.48% from Wednesday's high of 1.69%. Some investors began to reverse bets in the futures market that a strong economic rebound and inflationary pressures would pull the Fed off the sidelines sooner-than-expected. West Texas Intermediate oil futures plunged more than 12%, and bitcoin was down nearly 8%. Riskier assets were down even more, with the Russell 2000 closing off 3.7% Friday. The Dow dipped more than 1,000 points during Friday trading. "We're ahead of the game and due for some sort of digestion," Stovall said on CNBC. Sam Stovall, chief investment strategist at CFRA, said the S&P 500 typically gains 7% between its October low and year-end close, but this year it had already gained more than 9%. "On Wednesday, the market absorbed the weakness and gave traders a false sense of security which is normally a nice easy holiday-shortened session Friday," Redler said. The market had already been losing momentum this past Monday with a bearish reversal, he said. Scott Redler, partner with, said many traders were caught off sides in the shortened session Friday, usually a positive one for the market, and there are key levels the market must hold in the week ahead in order to stage a yearend Santa rally. The Institute of Supply Management manufacturing survey is released Wednesday, and that should also be strong. They expect the economy has shaken off the effects of the slowdown linked to the Covid delta variant, and growth in the current quarter could be far stronger than the third quarter. "It's a heavy data week with the ISMs and certainly payrolls, but I think this new variant is going to freeze behavior until there's more clarity."Īccording to Dow Jones, economists expect a strong payroll report Friday, with 581,000 jobs added, after October's 531,000 payrolls. "I think that's going to override what else we're going to see," said Peter Boockvar, chief investment officer at Bleakley Advisory Group. The S&P 500 tumbled 2.3% Friday to 4,594, giving it a 2.2% decline for the week. Learn to play, transcribe, practice and perform your songs by slowing down the tempo, adjusting pitch, repeating loops, setting marks.The Dow was down 905 points, or 2.5% Friday in its worse day since October, 2020. Plug-in and play along with LiveMix, solo or isolate an instrument or vocals with ReFrame, shape the sound with the FineTouch EQ, view lyrics or textual TABs scrolling with the music and much more.ANYTUNE™ is the ultimate music practice app for singers, dancers and musicians of all kinds.Try all features including ReFrame Audio Isolation (/reframe) for free on Anytune.“Anytune Pro+ is priceless as my personal trainer, helping me practice parts, songs or an entire setlist. It organizes my playlists, slows down tricky sections while remembering detune settings and with LiveMix play along feature I can learn Anything, Anytime, Anywhere.” - Phil Soussan 'If you're a music teacher, dancer or budding musician, Anytune for iOS or Mac is a invaluable addition to the rehearsal environment, making practicing more dynamic and productive.' - Matt Tinsley 'After spending the past three weeks getting ready to record a new album with my band, I’m so happy to have found out about this “slow downer” app. It was pivotal in helping us learn the notes to some of the more complicated solos for the cover songs on our set list.' - Lori Gil ***** “Great App - Anytune Pro is the most-used app on my iPad. It's the best thing for learning tunes that would be too fast or too out of tune to learn easily. I love it!”***** The Best!!! - Worth absolutely every penny. Other similar apps don't come close to the quality of this one! It will slow things down to a crawl without a loss of quality.
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