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S&P 500 falls more than 1% for the second time this month

The S&P 500 fell 52 points, or 1.15% today, to 4437. It was the second 1% drop this month and before that the index hadn't fallen a full point since March. With the decline today, the index also fell to a one-month low.Home Depot today reported earnings and finished up 0.6% in choppy trade. The company reported numbers that beat guidance and said there was a pickup in late June.The laggards were banks after Fitch warned it could downgrade credit ratings. The KRE regional bank index fell 3.3% and... Read More

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Posted: Aug 15 2023, 20:09

Author Name: forexlive

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