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S&P 500 Signals Potential Downturn as it Breaks Key Moving Average

1 min read
Source: MarketWatch
S&P 500 Signals Potential Downturn as it Breaks Key Moving Average
Photo: MarketWatch
TL;DR

The S&P 500 closed below its 50-day moving average for the first time since March, indicating potential further losses for U.S. stocks and suggesting that the recent stock-market selloff may not be over yet.

Topics:businessfinance#50-day-moving-average#finance#market-selloff#sandp-500#technical-analysis#us-stocks
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  1. The S&P 500 is flashing a warning that U.S. stocks are likely headed lower after breaking below its 50-day moving average  MarketWatch
  2. S&P 500 Bulls Still Have the Upper Hand | investing.com  Investing.com
  3. S&P 500 Price Forecast – S&P 500 Continues to Look for Momentum  FX Empire
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  5. US-based analyst sees year end S&P 500 as high as 4850  ForexLive
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