S&P 500 to retreat from high as bond markets reopen, bitcoin nears $90k
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US stocks, including the S&P 500, are expected to decline as bond markets reopen, following a global trend in Europe and Asia. However, the decline is not anticipated to be significant.
November 12, 2024 | 1:30 pm
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The S&P 500, tracked by the ETF IVV, is expected to see a decline as bond markets reopen, aligning with global market trends. However, the decline is not expected to be significant.
The article indicates a global trend of stock market declines, including the S&P 500, as bond markets reopen. IVV, an ETF tracking the S&P 500, is likely to be impacted by this trend. However, the decline is expected to be modest, as suggested by futures market predictions.
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