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The S&P 500 could be set for another pullback before year-end amid ‘euphoric positioning’ from investors, RBC says

S&P 500

  • The S&P 500 index could be poised for another pullback before the end of year as valuations continue to rise, according to RBC Capital Markets.
  • The firm is also warning of “euphoric positioning” by institutional investors as US equity futures positioning climbs toward peak levels for the year.
  • Stocks have notched several all-time highs in recent weeks amid optimism around a US-China trade deal and better-than-expected corporate earnings.
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The S&P 500 could be set for one more sell-off before the end of the year, according to RBC Capital read more >>>

Source:: BusinessInsider.Com