August 17, 2023
It is another down day for the US stock market and global markets. The China macro concerns and the US macro slowdown for Q3 & Q4 for the rest of the year, the disappearance of American savings, and the resuming of US student loans ignited the sell-off in equities.
August 15, 2023
The US stock market slumped on China's macro slowdown, worsening sentiment as its largest Real estate developer defaulted on bonds and US macro concerns on October's potential government lockdown, and the impact of student loan repayment as it resumes in October.
- SPY -1.16% DIA -1.02% QQQ -1.06%
While the index and techs and broad sectors in the market are selling off. These 2 large pharmaceuticals are finding some buyers.
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