Weiyee31
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Weekly market recap
All three major stock indexes finished the week lower. The $Dow Jones Industrial Average(.DJI.US$ dipped 1.1% this week, while the $S&P 500 Index(.SPX.US$ shed nearly 0.6% and the $Nasdaq Composite Index(.IXIC.US$ moved 0.7% lower.
“With Fed tapering coming while delta variant keeps spreading, the transition away from liquidity/policy regime to more mid-cycle markets means we may experience a bumpier ride ahead,” Barclays equity strategists said in a note. “Market narrative may thus turn more cautious, as concerns about peaking growth rates, delta variant and policy mistake may prove headwinds, at a time when seasonality and technicals are unfavorable.”
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All three major stock indexes finished the week lower. The $Dow Jones Industrial Average(.DJI.US$ dipped 1.1% this week, while the $S&P 500 Index(.SPX.US$ shed nearly 0.6% and the $Nasdaq Composite Index(.IXIC.US$ moved 0.7% lower.
“With Fed tapering coming while delta variant keeps spreading, the transition away from liquidity/policy regime to more mid-cycle markets means we may experience a bumpier ride ahead,” Barclays equity strategists said in a note. “Market narrative may thus turn more cautious, as concerns about peaking growth rates, delta variant and policy mistake may prove headwinds, at a time when seasonality and technicals are unfavorable.”
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![What to expect in the week ahead (JD, PDD, CRM, XPEV)](https://ussnsimg.moomoo.com/5452168753695388894.jpg/thumb)
![What to expect in the week ahead (JD, PDD, CRM, XPEV)](https://ussnsimg.moomoo.com/1337250248405728321.jpg/thumb)
![What to expect in the week ahead (JD, PDD, CRM, XPEV)](https://ussnsimg.moomoo.com/8056259488859505459.jpg/thumb)
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