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☆ The biggest threat to a major pullback in stocks is a hard landing for the economy
▼ + stars: | 2023-06-20 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

The S & P 500 is up 15% this year. History shows just the opposite happening: In years when the S & P 500 has a particularly strong first half, it tends to close strong as well. Here's an example: The S & P 500 has been up 15% or more in the first half of the year 10 times since 1980. The S & P 500 is where most of the money is Regardless: the simple fact is the vast majority of the investing public is invested in the stocks in the S & P 500, and particularly the S & P 100. A slightly different measure of a market advance: 61% of the S & P 500 are above their 200-day moving average.

Persons: You've, Ari Wald, Oppenheimer, what's, Christian Kopf Organizations: Tech, Nasdaq, Financial Times, Union Investment

☆ Analysis: Investors see Erdogan's earthquake response as pivotal
▼ + stars: | 2023-02-09 | by ( Marc Jones | ) www.reuters.com time to read: +4 min

Kopf was referring to Turkey's 2002 election which came three years after a 7.6 magnitude earthquake in Izmit near Istanbul that killed nearly 18,000 people. The southeast region hit by Monday's disaster accounts for a much smaller 9.3% of national GDP and a modest 8.5% of exports. Erik Meyersson, a senior economist at Handelsbanken, said it was that power that voters would now need to see working. "But if he bungles the response, perhaps this is the straw that breaks the camel's back." Magnitude 7.9 earthquake hit southern Turkey on Feb. 6Reporting by Marc Jones; Editing by Susan FentonOur Standards: The Thomson Reuters Trust Principles.

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