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Friday, March 29, 2024

Market may be frothy now: analyst

Duration: 04:32s 0 shares 1 views

Market may be frothy now: analyst
Market may be frothy now: analyst

Thomson Reuters Stocks Buzz analyst Terence Gabriel says investors should be cautious following the market's sharp rebound.

He tells Reuters' Fred Katayama he sees signs of investor complacency that suggest the rally could soon run out of steam.

Gabriel said the Nasdaq is trapped in a trading range that prevents it from breaking north of 3,000.

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