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Could is kicking off with a deal for 1st Republic Lender, though there is no real celebrating across Wall Avenue. That’s as investors facial area a 7 days total of probably market place-relocating occasions — a Fed conference, careers information, Apple earnings and ongoing credit card debt ceiling negotiations.
We’re also coming off the best stage considering the fact that February for the S&P 500, which closed out previous week at 4,169. And clearly that “Sell in May well and go away” mantra is creating the rounds, with MarketWatch’s Mark Hulbert advising buyers adhere around, but in safer inventory-market place…
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