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Market strategists eye S&P 500 futures at 5,224, noting the Federal Reserve’s next policy decision could be pivotal. Rate stability might fuel additional equity gains in the medium term. It's worth pointing out that 27 separate instances where the S&P 500 fell at least 20% following a bull market were logged by Bespoke. This means bear markets are relatively normal and inevitable events. Elsewhere in corporates, Tesla ( TSLA ) shares took a hit despite a record sales quarter as investors turned focus to future performance without the federal EV tax credit.
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