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Why The Stock Market Is Having A Chilly August

wochit news
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August 20, 2013 AT 1:03 PM
It's been a chilly August for the stock market. The slide in the last couple of weeks reflects a shift in investor strategy that began in the bond market and spilled into stocks. The spillover then mixed with lingering concerns about the U.S. economy, leading to the last several weeks of volatility.