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Ed Carson: U.S. Economic Optimism Hits One-Year Low; Investors Sour As S&P 500 Slides

The IBD/TIPP Economic Optimism Index for August fell to its lowest level in more than a year as recession fears waned but inflation concerns revived. Investors turned slightly gloomy with the stock market rally moving to under pressure as Apple and Tesla led a retreat. The IBD/TIPP U.S. Economic Optimism Index fell 1 point to 40.3. The index

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Posted: August 8, 2023 Tuesday 10:00 AM