Wall Street Retreat As Bears Roam The Streets 🐻
@ZEROHERO:
Thanks to Tiger for awarding the weekly top predictions for SPY. Congrats for surviving another week of volatility in the stock market, characterized by mounting fears of a wider Middle East conflict and a more cautious fourth-quarter earnings outlook announced by U.S. corporations. Let’s get ready for more news from the Fed Chair at the FOMC to determine the market movement into November 🙏 The S&P 500 (SP500) retreated 2.53% for the week to close at 4,117.37 points, posting losses in four out of five sessions. The benchmark gauge's slide pushed it into correction territory, with Friday's closing price marking a more-than-10% drop from the S&P's 52-week closing high of 4,588.96 points notched on July 31. That comes just two days after the Nasdaq Composite (COMP.IND) also entered co