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Back in the Black – Stocks Break Longest Losing Streak Since 2001 as Economic Headwinds Lose Steam

After seven consecutive weeks of declines, the longest losing streak since 2001, equity markets logged strong gains last week. Selling exhaustion, positive retail earnings reports, and hints of flexibility from the Federal Reserve all helped the S&P 500, which is tracked via the C Fund, rebound from its lowest in more than a year. The …

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