The Stock Market Hasn't Been This Frenetic Since Early in the Pandemic
- S&P 500 alternates between big gains and losses for four days
- Volatility, driven by macro uncertainty, testing dip buyers
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Pick a direction, and don’t go with it.
That’s the story in stocks of late, with the S&P 500 alternating between gains and losses of at least 1% for four straight sessions -- the longest stretch since June 2020. It’s the same in fixed income, with 10-year Treasury yields swinging wildly around 1.5%.