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Stocks Experience "Death Cross" as Dow Closes Higher Amidst Inflation Concerns

1 min read
Source: MarketWatch
Stocks Experience "Death Cross" as Dow Closes Higher Amidst Inflation Concerns
Photo: MarketWatch
TL;DR

The Dow Jones Industrial Average finished slightly higher on Monday, but its 50-day moving average closed below its 200-day moving average, signaling a "death cross" for the first time since March 2022. The S&P 500 and Nasdaq Composite both ended in negative territory. The "death cross" is a widely followed technical indicator used by stock-market analysts. Investors are awaiting an upcoming inflation report for further market direction.

Topics:top-newsfinance#death-cross#dow-jones#finance#inflation-report#stock-market#technical-analysis
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  1. Dow finishes higher but sees first 'death cross' since December  MarketWatch
  2. Stock market news today: Stocks little changed ahead of key inflation data  Yahoo Finance
  3. These 2 Stocks Are Making Big Monday Moves  The Motley Fool
  4. Why Are Stocks Down Today?  InvestorPlace
  5. Stock Market News Today: Dow Closes Higher Ahead of CPI Report  The Wall Street Journal

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