This, strategists note, indicates that despite the expected U.S. policy easing in the coming months, investors’ enthusiasm remains tempered.
While average losses are minimal, “a further decline below 19,000 could lead to a considerable build-up of losses and amplify downside pressure,” Citi cautions.setting a new record as investors wrapped up a turbulent month on a positive note. The 30-stock Dow rose by 228.03 points, or 0.55%, finishing at 41,563.08.Elsewhere, European equity indices rose over the week, supported by an improving inflation outlook as indicated by Eurozone inflation data.
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