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Stock market: Prepare for higher volatility, strategist says

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Stocks have been pretty flat over the last month. but that could be changing. Charles Schwab Chief Global Investment Strategist Jeffrey Kleintop warns that there is 'potential for higher volatility' in the weeks to come. Kleintop gives a few reasons why, including an earnings picture that isn't likely to improve, slowing in the service sector, and the drought causing a backup on the Panama Canal. 'The market is pricing in clear sailing from here but it may not be that smooth of a ride', Kleintop says.

Celebrate summer with the best swimsuits from films throughout the years... -- Elon Musk picked Linda Yaccarino to be chief executive officer of X, the company formerly known as Twitter, with hope that the former NBCUniversal executive would convince advertisers who had stopped spending on the site to return.

The U.S. Securities and Exchange Commission on Tuesday sued Virtu Financial, a broker-dealer that handles 25% of all market orders placed by retail investors in the U.S., for misleading customers into believing it properly safeguarded their confidential information.

 

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