S&P 500 Undercuts Key Level; Meta Platforms, Uber, Shopify In Focus
Treasury yields continue to pressure stocks.
September 6, 202312m 37s
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Show Notes
The S&P 500 and Nasdaq undercut their 50-day moving averages, at least intraday, following stronger-than-expected economic data. A close below the low of the Aug. 29 follow-through day would be bearish. But for now, Meta, Uber and Shopify appear to be setting up.
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