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US Stocks Could Struggle For Direction After Tuesday’s Sell-Off: Defending This Level On S&P 500 Key To Preserve Recovery Narrative, Analyst Says

After Tuesday’s brutal sell-off, sentiment continues to remain unsettled. The index futures point to indecision and a lack of conviction among traders on Wednesday as they look ahead to more Main Street cues. Cues From Tuesday’s Trading:

BIDU

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Tesla, Amazon, Coinbase, Palo Alto, Walmart: Why These 5 Stocks Are Drawing Investors’ Attention Today

Major Wall Street indices closed over 2% lower on Tuesday, recording their worst trading session in 2023, as a rebound in U.S. business activity sparked fears of extended rate hikes. The S&P Global Purchasing Manufacturer's index returned to expansion for the first time in eight months in February, reported Reuters.

AMZN

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Retail Investors Lost Half Of Bitcoin Investment: Why The Globe Should Coordinate Regulation

Major cryptocurrency debacles of 2022 caused a surge in retail crypto trading. However, large investors sold their assets at the expense of smaller investors who were attempting to diversify their assets during moments of crisis, according to new data from the Bank for International Settlements (BIS).

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