S&P 500, Nasdaq 100: US economic trajectory key to directional risks

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September is not the kindest month for US stocks. But in 2024, the trajectory for the US economy may override everything given it will feed through to expectations for earnings growth and how much the Fed may need to reduce interest rates. We look to levels on S&P 500, Nasdaq 100 and Russell 2000 futures for a blueprint on potential trade setups.

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