I hate it when news segments say, “The stocks were down because…” or “The stocks were up because”.
Reporters/Editors really need to learn more about what they are reporting on.
Day to day movements of stock tend to be just noise. Ask a good trader. It seems to me that the traders you are asking are the less knowledgeable ones.
Why is this important? Because this reeks of trying to manipulate public opinion in a blatantly subtle way. This is a disingenuous way of hinting what is good or bad for business.
Giancarlo Angulo's Blog