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Charting a rabbit-from-hat rally, S&P 500 narrowly holds last-ditch support

Michael Ashbaugh
Charting a rabbit-from-hat rally, S&P 500 narrowly holds last-ditch support

Technically speaking, the U.S. benchmarks’ May downturn has inflicted damage, writes Michael Ashbaugh, though the S&P 500 has thus far maintained last-ditch support.