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Market Slips: Will the January Effect Show Up?
The January effect is the supposed seasonal tendency for stocks to rise in the first month of the year. However, with January already halfway through, tech stocks have dragged down the market, and the S&P 500 has fallen 0.6% as of January 15. Will the January Effect still happen this year? Some say that the market's performance in January often sets the tone for the rest of the year. Do you think this signals what 2025 might look like?
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