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The S&P 500 has had its worst first four months of the year since 1939 so far in 2022. With similar drops observed on other Indices, some analysts are pointing to global economic trends as well as disappointing Big Tech earnings as the culprit.
On Tuesday, the S&P 500 officially entered the correction zone for the first time in just under two years. This drop might come in the wake of the rising conflict between Russia and Ukraine.
After the closing bell on Wednesday, the S&P 500 (USA 500) rose following the release of the U.S Federal Reserve meeting minutes and the lingering status of Russia’s and Ukraine’s military tensions.
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