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The US stock market rebound is fragile, with the number of S&P 500 stocks hitting new lows increasing.
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ChainCatcher News, according to Golden Ten Data, institutional analysts stated that although the US stock market appears unstoppable, several indicators suggest that this rally is more fragile than it seems.
The number of stocks in the S&P 500 hitting new one-year lows continues to rise, and the proportion of stocks held by US households as part of their financial assets has never been higher. Investors should remain cautious about the current rally.
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