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S&P 500 dips below 50-day moving average amid rising geopolitical tension
MarketWatch cites Yardeni Research and Fundstrat saying the move below the 50-day level is being framed as a potential buying opportunity.
As geopolitical tensions rise, the S&P 500 has fallen below its 50-day moving average, according to MarketWatch.
MarketWatch reports that Yardeni Research and Fundstrat point to the index’s drop under that technical benchmark as creating what they describe as a classic stock-market buying opportunity.
Latest closeS&P 500 7,408.30 ▼1.2%
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