• Hedgeo Team

Schwab Market Update: Late Rally Offers a Glimmer of Hope, After a Very Bad Week

U.S. stocks, in concert with the global markets, plunged with the S&P 500 posting the worst week since the financial crisis and moving into correction territory—from an all-time high—in the shortest amount of time in history. READ HERE

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On the economic menu for today is the second estimate for fourth quarter GDP, which is expected to be unchanged at 2.1%, while durable goods orders for January are likely to show a 1.5% decrease (vs.