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Stocks Now Dismiss Recession Fears, But Bond Markets Tell Investors To Stay On Alert
Tuesday, August 13, 2024 - 6:43pm | 575After a sharp sell-off in early August, triggered by weaker-than-expected economic data, equity markets have staged a substantial rally. The S&P 500 Index, as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY) recovered more than half of the decline witnessed earlier this month. The tech-...