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Key Takeaways
- World Bank Forecasts Slowdown But No Recession
- Wells Fargo Reducing Mortgage Participation
- Markets Waiting On CPI And Earnings
Tuesday proved to be a rather slow day for stocks. The S&P 500 and Nasdaq 100 each added about 1% on relatively light volume as investors await Thursday’s Consumer Price Index (CPI) number and the kickoff to earnings season on Friday. Meanwhile, a technical problem with the FAA halted all flights through late Wednesday morning. This story could have implications for the market.
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