"The key technical level for the S&P 500 Index or SPX was $3,500. During the Thanksgiving week, markets tend to get thinner. The stock market today needs a breather even though the last two inflation numbers calmed investors a bit. Is the Federal Reserve going to do 75BPS or 50BPS interest rate hike? The big picture is that they will not dial back rates any time soon," says Chris Robinson.
21 Nov 2022
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