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Happening Now
Market Week : May 15, 2023
Stocks trended lower last week, with only the Nasdaq able to eke out a gain. Investors remained pensive as they await negotiations on the debt ceiling.
Earnings Update: Better Than Feared Undersells These Results | Weekly Market Commentary | May 15, 2023
There’s plenty to worry about the rest of the year (debt limit, recession, tightening financial conditions, a Federal Reserve (Fed) policy mistake, among them), but the risk of an additional sharp contraction in profit margins has come way down.
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