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STOCKS | Oil Slides, Tech Rebounds as Traders Position for S&P 500 Rally

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2026-06-24 15:20:58
Stocks extended gains as technology shares rebounded from Tuesday’s sharp global selloff, with traders positioning for an S&P 500 rally as crude oil prices plunged, according to Bloomberg.

Investors also pointed to weak housing-market data as a factor that could ease pressure on the Federal Reserve to raise interest rates.
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