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Why S&P 500 Could Crash to 2,490–2,420 Key Support Range Soon

Why S&P 500 Could Crash to 2,490–2,420 Key Support Range Soon

The broader market sell-off that began in October doesn’t seem to be stopping anytime soon. On the fundamental side, investors’ worries related to rising interest rates and global trade tensions were the two key reasons for this sell-off in October. Federal Reserve Chair Jerome Powell’s dovish comments in November helped US equities to regain investors’ confidence to some extent.