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Dow closes nearly 200 points higher, S&P 500 notches third straight advance as bank shares jump: Live updates
By Alex Harring & Tanaya Macheel
Stocks close lower, Nasdaq drops a second day as higher yields press tech names: Live updates
By Samantha Subin & Tanaya Macheel
Stocks close higher Friday, Nasdaq notches best quarter since 2020: Live updates
By Brian Evans & Hakyung Kim
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Formerly TwitterZee Business
ZeeBusiness
Wall Street ends higher for third straight session fueled by rate cut optimism. ๐
#StockMarket #WallStreet #RateCut
www.zeebiz.com/markets/global-markets/news-us-stock-market-wall-street-closes-higher-for-third-session-on-rate-cut-optimism-288441
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Carl Quintanilla
carlquintanilla
YARDENI: โ.. Earnings Are Blooming .. the Fed Put is back. With it comes increased risk of a stock market meltup. .. S&P 500 forward earnings are well correlated with actual earnings ..โ
- @yardeni pic.twitter.com/ml0LpM5DZd
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Ryan Detrick, CMT
RyanDetrick
Stocks are a bubble and all the gains are multiple expansion is something we've heard a lot.
Last year, yes, it was all about multiple expansion.
But zoom out. Since 2020, the S&P 500 is up 70%, with 50% coming from earnings and 9% from divs. That tells a much different story. pic.twitter.com/1LB98e8PPY
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Ryan Detrick, CMT
RyanDetrick
Reminder #861 that higher volatility isn't what you want to see if you are bullish.
Yesterday was the first 3-day gain of more than 3% all yr for the S&P 500.
For reference, 2022 saw this 26 times and stocks lost 20%.
2019 stocks were up 30% and it happened only 3 times.
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