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Fed Tells Market What It Expected To Hear, But Stocks Dive Anyway Amid Taper Concerns

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Fed Tells Market What It Expected To Hear, But Stocks Dive Anyway Amid Taper Concerns

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Getty Images
Key Takeaways:

  • Worst week in a month continues as volatility soars amid Fed, Covid worries
  • VIX takes off overnight, rising well above 23 as stocks dive in after-hours trading
  • Keeping an eye on 50-day moving average for SPX
    SPXC

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