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Markets Clock Worst Month since March 2020

Good evening, everyone, and happy Friday. We need a breather.

In April, stocks posted their worst month since March 2020. The NASDAQ and S&P 500 clocked their fourth consecutive losing week, which doubled as the NASDAQ’s worst month since 2008. The U.S. economy shrank in the first quarter at a 1.4% annual rate, a sharp reversal from a 6.9% annual growth rate in the fourth quarter. It was the weakest quarter since spring 2020, when the pandemic and related shutdowns drove the U.S. economy in...

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