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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
Bloomberg: Balance of Power focuses on the politics and policies being shaped by the agenda of President Biden's administration.
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.
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The index has stayed over that level for 137 sessions through Tuesday, the longest run since the post-pandemic surge in June 2020.
Stocks are recovering mildly Wednesday, but if they fall much further technicals suggest bulls could be in for some serious pain in the weeks ahead before indexes ultimately stabilize.
The S&P 500 Index broke its bullish year-long uptrend this week, and now chart watchers say it needs to stay above its 200-day moving average, which currently sits around 4,204. Technical traders use that moving average to assess whether the longer-term trend is up or down.
S&P 500 (SPX) Faces Technical Make-or-Break Moment at the 4200 … – Bloomberg
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