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S&P 500
Benzinga
9 days

Crude Oil Down 2%; ISM Services PMI Falls In January

1. U.S. stocks showed mixed performance; S&P 500 fell slightly. 2. ISM services PMI dropped to 52.8, below market expectations. 3. U.S. trade deficit widened to $98.4 billion in December. 4. Criteo shares surged 19% after better-than-expected earnings. 5. Real estate sector rose 1.2%; communication services fell 3.5%.

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FAQ

Why Bearish?

The mixed trading signals and economic data can hinder investor confidence, similar to effects seen in previous weak economic reports. Examples include downturns following disappointing PMI figures, impacting the S&P 500 overall.

How important is it?

This article discusses various economic indicators and stock performances that directly relate to the S&P 500's fluctuations, showing moderate potential for impact.

Why Short Term?

The immediate effects of current economic data on investor sentiment typically last a few weeks, as seen during previous economic slowdowns.

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