re: So what happened there in the last 30 minutes of the market?

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The market shrugged off 4x the record jobless claims, but is spooked at the possibility of bad news over the weekend in the face of the stimulus being signed? What could possibly come out over the weekend?

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Market can stay irrational longer than most can stay solvent. We had 3.2 million jobless claims and the market went up. Today we have great numbers on PC, income and spending, Bank of Canada cut 50 basis points, which ordinarily would have sent the market way up, and the market was down. Most indicated during the week it was an unsupported bounce, which is proving true so far. Not a surprising move down and not a lot of news that will push it up next week according to most. Next three weeks could be great or difficult. We will see what happens with the virus and will start seeing if people will spend their government money or save it. Until then I think most are expecting a lot of days like today.