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The Fed Is Starting to Break Things. The Stock Market Is Paying the Price.

Por: MarketWatch Business October 01, 2022

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The stock market didn’t take it all that well. The and the both dropped 2.9% for the week, while the fell 2.7%. All three indexes finished the week at new 52-week lows. Given the amount of selling going on, there might not be all that much left to do, at least in the short term. Frank Gretz of Wellington Shields notes that at the end of trading on Monday, just 12% of the stocks in the were above their 200-day moving averages, and just 4% were... + full article



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