"Ugly Start" to August, Stocks Fall to Begin New Month
Schwab Network · Schwab Network
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Show Notes
Alex Coffey joins Nicole Petallides to look at Friday's opening bell move to the downside. He points out that August historically has shown weakness, but adds that the July jobs report is likely weighing on the minds of the Fed. Alex provides technical indicators to track on the S&P 500 (SPX) chart, underlining the quick pullback from all-time highs on a lower volume trading day.
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