"The key technical level for the S&P 500 Index or SPX was $3,500. During the Thanksgiving week, markets tend to get thinner. The stock market today needs a breather even though the last two inflation numbers calmed investors a bit. Is the Federal Reserve going to do 75BPS or 50BPS interest rate hike? The big picture is that they will not dial back rates any time soon," says Chris Robinson.
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