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S&P 500 Index Key Level Is $3,500
Schwab Network
English - November 21, 2022 19:18 - 7 minutes - 100 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Clearfield (CLFD) Higher Post Earnings
Next Episode: Gold Price Affected By Fed's Monetary Policy
"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.