We examine next-day newspaper accounts of more than 8,000 large daily jumps in 19 national stock markets to assess their proximate cause, clarity as to cause, and the geographic source of the market-moving news.
We examine next-day newspaper accounts of more than 8,000 large daily jumps in 19 national stock markets to assess their proximate cause, clarity as to cause, and the geographic source of the market-moving news.