NOT FOR REPRINT
What Panic? Stocks Are Quickly on Their Way Back to Record Highs
Analysis August 17, 2024 at 07:31 AM
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What You Need To Know
- The recent selloff hit a relatively small slice of the market.
- The S&P 500 has already recovered all of its August decline and is now just 2.2% away from its mid-July record high.
- On the other hand, the economic risk that the Fed has waited too long to start cutting rates hasn't gone away.
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