FACTS
Headline “So what Nancy Pelosi Arrives in Taiwan as China-U.S. Tensions Escalate”. Price Discovery, When Breaking News Comes Indexes React – markets react within 10 seconds and that the major price adjustment occurs within 1 minute of the scheduled news releases.
Interest-rate and foreign-exchange markets react faster to public announcements than the equity markets. On days 2-5 following the events, stock market prices tended to rise, which indicates a correction.