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It was the largest weekly gain for all three major U.S. indexes since November 2020.
Michael Nagle/Bloomberg
Drop a ball off a balcony, and it will bounce. Drop the market off an all-time high and it eventually will, too. That doesn’t make it a buying opportunity.
We’ve been waiting a while for a week like this. The
S&P 500
rose 6.2%, while the
Dow Jones Industrial Average
gained 5.5% and the
