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Some people might not want to read this, but given the way that US stocks are melting at the moment, it is the question to beg right now. That is where do, S+P 500 and Nasdaq 100 indexes enter into Bear market territory (that is defined by a 20% or more fall from the highs seen in any given year) Well, that is not too difficult to work out on the Nasdaq 100 and the S+P 500. The record high seen in the Nasdaq 100 in 2025 was 22,222. So if we subtract 20% from that all time high we get a bear market entry point at 17,777. You can see its trading right now around 18,570 so well within reach. For the S+P 500 we know the all time record high earlier this year was 6,147 and subtracting 20% from that arrives at 4,917. So, still some way off, but not a level that can be dismissed over time, unless this whole situation manages to turn around
The final revision to the University of Michigan consumer sentiment index has actually seen all the readings revised a bit higher. Well quite a bit...
Any minute now the latest US university of Michigan consumer sentiment index will be released but this is the final reading so it might not have much...
Not that long ago Bitcoin managed to take out all the highs seen yesterday and earlier today and led it to press just above the 95k handle for the...
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