On the company front, a number of major companies suffered analyst downgrades ahead of the 1st major 7 days for next-quarter earnings.

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"The downgrade just put investors on an now-heightened point out of alert," reported Rob Lutts, chief investment officer of Cabot Revenue Management. "Persons are exiting any equities they've got, and advertising off any assets which have any chance publicity."

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Obsessed with demystifying the intricacies of the stock market, she is also the host of your "Market MakeHer" podcast.

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