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Michael Ashbaugh

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Sept. 24, 2020, 12:05 p.m. EDT

Second 7-to-1 down day raises caution flag amid failed technical tests

Focus: Europe fuels cross currents across asset classes, U.S. dollar spikes as euro and gold turn lower, IEV, FXE, UUP, GLD, HYG

By Michael Ashbaugh, MarketWatch

U.S. stocks are higher early Thursday, rising after a mixed batch of economic data.

Against this backdrop, the S&P 500 is digesting an aggressive week-to-date downturn, punctuated by a failed retest of key resistance (3,328).

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