Posted 10/27/2023, 7:59:38 AM
S&P 500 Risks Further Decline After Falling Below Key Support Level
- S&P 500 at risk of dropping another 5% after falling below key level - BofA strategist Michael Hartnett among most bearish on stocks
- Index closed below 4,200, near 200-day moving average, raising questions on trend
- US stocks in third month of declines amid rate worries, weak earnings, geopolitics
- Nasdaq 100 confirmed correction after 10%+ drop from July peak
- Tech still seeing inflows, sign investors are buying the dip
