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May 15: What Moved Markets This Week

Wall Street Breakfast
Wall Street Breakfast
Episode • May 15, 2021 • 20m
It was a tale of two stories in stock markets this week. The first three days saw selling in risk assets, especially technology stocks, and the Nasdaq declined nearly 5%.
On Thursday, things turned around and stocks rallied. Still, it was the fourth straight losing week for the Nasdaq, the first time that has happened since 2019. Other major indexes were down for the week as well.
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