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Wednesday, August 24, 2022
Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared.
The S&P 500 (^GSPC) has a breadth problem.
The summer rally in stocks petered out last week after a sizable 17.4% gain for the S&P 500 from mid-June lows to mid-August highs.
But echoing a complaint…
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