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Market Impact: 0.2

Wall Street Traders Wrong-Footed After Bullish Equity Calls

Source: Bloomberg

Investor Sentiment & PositioningMarket Technicals & FlowsElections & Domestic Politics

On Thursday, Wall Street trading desks’ weeks-long call that the stock-market rally would resume after the election backfired. The article provides no market-performance figures or details on the desks’ forecasts.

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mildly negative

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