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Closing Bell: The Strong Stretch For Stocks 9/30/24

Closing Bell

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Auto Industry Turmoil & Economic Outlook

This chapter explores the significant downturn in the auto industry, particularly focusing on Stellantis and its 13% stock value drop due to poor performance expectations for 2024. It also discusses the broader economic landscape, including the Fed's interest rate approach and the potential for small and mid-cap stocks to thrive amidst a softening labor market.

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