If markets breaks under 6,600 we could go into a growth scare, says RBC's Lori Calvasina
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RBC's Lori Calvasina highlighted a critical market threshold at 6,600, suggesting that a breakdown below this level could signal a significant growth scare. The discussion on 'Closing Bell' focused on current market sell-off dynamics, potential economic implications, and the ongoing impact of trade tensions.
March 18, 2025 | 11:30 am
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NEGATIVE IMPACT
The SPDR S&P 500 ETF could experience significant volatility if the market breaks below the 6,600 threshold, potentially signaling broader economic growth concerns.
The identified support level suggests potential downward pressure if breached, indicating increased market uncertainty and potential sell-off in broad market ETFs.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 90