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Market Impact: 0.15
Average 401(k), IRA balances hit record highs — but more workers are raiding their accounts, Fidelity says
Source: CNBC
Market Technicals & FlowsInvestor Sentiment & Positioning
Fidelity reports that retirement account balances increased in Q2 alongside market gains, indicating supportive asset-price momentum. However, more savers also withdrew cash from their accounts, partially offsetting the positive balance trend. Overall, the read-through is mildly mixed with limited near-term market impact.
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