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S&P 500, Dow snap losing streaks for best week since November 2020
By Hannah Miao & Tanaya Macheel
Dow rises for a fifth straight day, S&P 500 and Nasdaq on pace to snap 7-week losing streaks
By Jesse Pound & Tanaya Macheel
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Formerly TwitterLiz Ann Sonders
LizAnnSonders
As of yesterday’s close, new all-time highs for both cap-weighted (blue) and equal-weighted (orange) S&P 500 Indexes, with latter outperforming former over past 1m: 4.3% vs. 3.5%
[Past performance is no guarantee of future results] pic.twitter.com/xeVUol9FzJ
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Liz Ann Sonders
LizAnnSonders
Even taking out Mag7 companies, S&P 500's P/E has been quickly approaching late 2020/early 2021 highs pic.twitter.com/nO6LLAat2c
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Ryan Detrick, CMT
RyanDetrick
The S&P 500 has a shot at being up 10% or more in back-to-back quarters for the first time since Q4 '11 and Q1 '12.
That was also an election year. 🤔
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Ryan Detrick, CMT
RyanDetrick
The S&P 500 is about to be up 5 months in a row.
Strong future returns after these streaks are actually quite normal.
Higher a year later 26 out of 28 times (92.9%) and up 12.5% on avg. pic.twitter.com/WwOgRUAYWd
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