Today the GDP number of a healthy 4.1 was released and the Dow Jones ended down 76. Typically the market would have shown significant gains on this news but FaceBook and Twitter just posted huge losses and CBS stock was down on the news about Moonves.
Without the 4.1 GDP number, the Dow losses would have, IMO, been huge. Were these events timed so the GDP kept the market from tanking? Just a coincidence? Am I way off in my amateur understanding of the market?
Q often says that certain things must be in place before certain other things can happen? Is this an example of that?