'Next 5% is likely to be down' for S&P 500 -Pacer ETFs president

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1 年前

STORY: Wall Street fell sharply on Friday after a solid jobs report for September increased the likelihood the Federal Reserve will continue with its aggressive plan to raise interest rates.

Despite a hefty two-day rally earlier in the week, Friday's nosedive put the S&P 500 on track for its fourth straight weekly decline, while the Dow and the Nasdaq were poised for their seventh consecutive weekly declines.