Strategists’ Mood Darkens on U.S. Stocks as Headwinds Swirl
- Election, stimulus prospects are among major events ahead
- Technical break, seasonality are adding to investor concerns
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The pullback in U.S. equities may be more than just a passing phase, according to strategists.
As investors fret over the presidential election, a Congress deadlocked over the next stimulus package and extended lockdowns around the world, S&P stock futures are extending three weeks of losses.