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Why Good News Is Bad News For Markets

Por: Forbes Business October 09, 2022

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Nearly all the equity market gains from the two-day rally on Monday and Tuesday were wiped out by Friday. The table shows the peak value of the indexes at the turn of the year, the index lows (three of the four indexes had new lows on September 30), the percentage change from the peak, and where the closing prices stood on Friday (October 7) relative to their lows. Note that three of the four major indexes are close to their September 30 lows,... + full article



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