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There are six reasons the U.S. stock market could reach new highs in August, according to Fundstrat.
Equities have broadly flatlined over the past two months, with the S&P 500 SPX down 1% and the Nasdaq COMP down by about 2% since the beginning of June. But "as long as we have a healthy economy, consolidations are healthy," said Tom Lee, head of research at the market-strategy firm, adding that he believes stocks are poised to respond to positive catalysts.
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#Stock #healthy #august #equities
3 months ago

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