Equities remain at elevated valuations, which could make stocks vulnerable should any of the near-term market events fall short of expectations. — Reuters
NEW YORK: The rally in US stocks is wobbling as it confronts a stretch of potentially market-shaking events, starting next week with corporate results from tech titans and the closely watched employment report, while the US election is also nearing.
The benchmark S&P 500 is up about 22% on the year, but has edged back from record-high levels in recent days.
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