US stocks close modestly lower, outlook positive

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S&P 500 slips ahead of a three-day weekend

Options exchange-traded funds are bringing the “covered call” strategy normally reserved for institutional investors to everyday portfolios. But there are downsides.Thomas Rice reckons there’s at least four ways investors can use artificial intelligence today to search for the best stock picks.AUD -0.2% to 68.75 US centsIn New York: BHP -1.3% Rio -1.2% Atlassian -2.4%Spot gold flat at $US1957.99/oz at 4.59pm in New York10-year yield: US 3.76% Australia 4.02% Germany 2.

“Perhaps the lack of a recession in this environment means the timetable to return to the January 2022 highs could be closer to 10 months than 19. On the other hand, if recession begins this fall, before those new highs are reached, it could be well into 2024 before the SLPL also said strong momentum may carry the market a bit higher from here, “but with the SP 500 within our fair value range of 4300 to 4400, it seems like a logical spot for stocks to take a breather”.

 

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