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S & P 500 Rallies in 2009 |
NEW YORK (CNNMoney.com) -- A rolling rally has hit something of an impasse of late as investors have stopped rewarding 'less bad' news and are now looking for clearer signs of an economic recovery.
The S&P 500 has risen 50% off of the March 9 lows as investors have watched the economy move out of crisis mode, thanks to the passage of time -- and to extraordinary monetary and fiscal stimulus. But that advance has left many investors in hunker-down-and-wait mode.
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