S&P 500 Post-Election Rally Struggles
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Trump victoryMarketWatch
•Stock market’s ‘Trump bump’ nearly erased thanks to bond selloff. What’s next.
79% Informative
The S&P 500 index is clinging to a gain of just 0.8% since Election Day on Nov. 5 , threatening to erase the ' Trump bump' investors attributed to Donald Trump's victory.
The performance is on track to be the weakest Election Day -to-Inauguration Day run since 2009 amid a global financial crisis.
Stock-market investors are worried about rising yields, with the 10-year rate seen on its way toward 5% and possibly beyond.
Some economists and analysts expect the next move to be a hike.
Economic fundamentals — look at that hot jobs report after all — remain good, he said.
VR Score
84
Informative language
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48
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48
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