S&P 500 Bull Market Stalls Ahead of Q3 Earnings, Fed Meet — SkimNews
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The S&P 500 bull market remains technically intact but is now stalling around a flat 50-day moving average, with Wall Street watching whether Q3 earnings and next week's Fed meeting can reset the tape before a critical 7,500 support level gives way.
Why it matters: The S&P 500 is wedged between a strong seasonal tailwind — post-midterm fourth quarters have historically delivered gains — and tightening financial conditions that have already pressured semiconductors, banks, and small caps. Whether Warsh acknowledges the market's tightening or pushes further at next week's Fed meeting is the swing variable that determines whether 7,500 holds and a year-end rally resets the tape, or gives way to something uglier.
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