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Liquidity-Sapped Stock Market Keeps Flipping in Your Lunch Break

  • S&P 500 has erased 2% intraday loss four times already in 2022
  • Thin liquidity, order imbalance drive reversals, says JPMorgan
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Markets Are 'Screaming' Slower US Growth Ahead: Mahajan

If you’re feeling dizzy with all the intraday turmoil in the stock market these days, you’re not imagining things. 

The S&P 500 fell as much as 0.6% around noon Wednesday and then wiped out the entire decline to end the session higher. The advance came one day after the index erased a loss of at least 2% for the fourth time this year.