U.S. stocks may bounce this week, but summer selloff is only halfway done, analysts warn
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U.S. stocks might find some relief this week, analysts say, but that doesn’t mean this late-summer selloff is over.
Rather, any bounce will likely be a reprieve before the S&P 500 SPX continues its slide toward 4,200, the next major support level for the index, technical analysts said.
In a handful of research notes shared with MarketWatch on Monday and over the weekend,…
This story from marketwatch.com was posted on 2023-08-22 by @crystal.