Oh, the plunge is there. It’s pretty funny too. Statement came out at 1 and traders started reading it. They hit the taper part “They’re tapering - SELL”, and the Dow plunged 100 points in no time.
They keep reading, knowing in their hearts all the rest is drivel unti they hit the part about walking back the 6.5% unemployment target. “Holy **** - BUY!!!”
And the Dow rockets up 250 points.
Sort of like when they read out the SCOTUS tax decision on Obastardcare.