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The Stock Market Is Falling Below These Key Levels
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The stock market’s tariff-fueled selloff has sent the S&P 500 below its 200-day moving average for the first time since November 2023, while the Nasdaq Composite is on track to close in correction territory. The S&P 500 was down 2.2% to 5713.90 on Thursday, which is below the 200 DMA at 5730.65. The Nasdaq Composite was down 3% to 17,993, more than 10% below its recent high and putting it at risk of entering correction territory.
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