Markets Open Flat As Warnings Grow Louder

Posted by Paul Rejczak

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Stocks continued their short-term downtrend on Friday following the monthly jobs data release. The S&P 500 index fell to its late January local high of around 2,873, before a quick intraday upward reversal. So, will the downtrend continue? Or is this just some profit-taking action before another medium-term leg up? CLICK for complete article