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    TSP Talk: A failed early rally tests recent lows

    by
    tsptalk
    , 12-17-2021 at 01:11 AM (TSP Talk Blog)
    Stocks opened higher on Thursday but the rally didn't last long as the bears decided to pounce on an opportunity to sell the big rally off of Wednesday's wild Fed day. The Dow only lost about 30-points, but the broader indices like the Nasdaq and small caps were beaten down again. Yields sank so bonds were up, and the dollar broke down from its formation.

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