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US stocks record worst day in two months on rate rise worries
By Kate Duguid, Jaren Kerr & Martha Muir
Wall Street posts worst day of 2023 on higher-for-longer rate fears
By David French
Stocks close lower Friday after hot inflation report; major averages log worst week in 2023
By Sarah Min & Hakyung Kim
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Formerly TwitterLiz Ann Sonders
LizAnnSonders
S&P 500 is outperforming Russell 2000 by nearly 7% this year … if spread stays positive, it will be fourth consecutive year of relative outperformance, which hasn’t happened since late 1990s
[Past performance is no guarantee of future results] pic.twitter.com/LJfd2Jte1d
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Ryan Detrick, CMT
RyanDetrick
The S&P 500:
Is up 7.5% YTD
Just had a standard 5% mild correction to shake off the bullish train
Gained 10% back-to-back quarters, so some break is perfectly normal
Is only 2.4% away from a new high
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ET NOW
ETNOWlive
US Market News: Dow Jones zooms 322 points, Nasdaq up 1.5% on Fed's dovish rate cut commentary
www.etnownews.com/markets/us-market-news-dow-jones-zooms-322-points-nasdaq-up-1-5-on-feds-dovish-rate-cut-commentary-article-109799818
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Holger Zschaepitz
Schuldensuehner
Traders pull forward 1st US rate cut to Sep from Nov following soft US jobs data. Price in >2 cuts this year. pic.twitter.com/UjSstbLXqK
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All coverage
Dow closes nearly 700 points lower in broad selloff, as all indexes cap their worst day of 2023: Live updates
By Hakyung Kim & Fred Omar Imbert