3:00 PM Flash: Paul Tudor Jones Drops $8B on Small-Cap Chaos as Markets Push Higher

Three PM Flash. Markets are pushing higher this afternoon with the S and P five hundred now at seven thousand four hundred seventy three point forty seven, up forty point five or zero point five four percent. The VIX is easing slightly to sixteen point seven, down zero point zero six. Gold is trading at four thousand five hundred twenty three dollars. WTI crude sits at ninety six point sixty and Bitcoin is at seventy five thousand seven hundred seventy six. Breaking right now, legendary hedge fund manager Paul Tudor Jones has made an eight billion dollar bet on small-cap chaos, a move that is sending ripples across the entire equity market and helping fuel the rebound we're seeing in the broader indices this afternoon. Also moving the tape, Uber has made an indicative thirty three euro per share offer to acquire Delivery Hero, while another major retail chain has announced it is closing all stores after thirty three years in business. Don't expect oil prices to drop until twenty twenty seven according to new forecasts, with analysts naming two stocks positioned to benefit from prolonged higher energy prices. In other news, best-selling novelist Jane Green is opening up about how her picture-perfect life was a sham until the day she walked away from a collapsing marriage and career. This is Miss Vicky from the Options Desk at VixShield, where it's not news till we talk about it. Stay with us as Russell Clark joins with more analysis.