The Standard & Poor’s 500 traded below its 50-day moving average for the first time this year, an indication that the market’s medium-term uptrend could be in peril after this week’s strong declines.
Stocks sink further
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Why are existing home prices rising when sales are still so low?
Existing home sales fell in today’s report, but home prices are still up year over year, even with higher inventory and higher mortgage rates.