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via finance.yahoo.comMarkets

Investors will quickly shift focus from midterm results back to inflation, strategist says

FROM THE WIRE · FINANCE.YAHOO.COM

US stocks (^DJI, ^IXIC, ^GSPC) sank in Thursday's session — the Nasdaq Composite dropping a whopping 5.52% — erasing gains seen from yesterday's post-election rally. Janus Henderson Investors global head of macro Rich Bernstein sits down with Brooke DiPalma to discuss how the…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe index sell-off and the risk of a momentum reversal can affect short-term market sentiment.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01US stocks closed lower on Thursday.
  2. 02The Nasdaq Composite dropped 5.52%, erasing the post-election rally.
  3. 03The strategist warns that momentum trading can reverse abruptly.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NASDAQ CompositeINDEX:IXICIndex24,315.00Market closedtoday -5.52%Negative S&P 500INDEX:SP500Index7,355.84Market closedtoday -4.33%Negative Dow Jones Industrial AverageINDEX:DJIIndex51,523.06Market closedtoday -3.44%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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