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S&P 500 declines 5% within 90 days amid job market fears

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S&P 500 declines 5% within 90 days amid job market fears

Market overview

Escalating job market pessimism will trigger a broad-based selloff in equities, leading the S&P 500 to fall by at least 5% within 90 days from the date of the Axios article. Consumer discretionary and financial sectors will lead the decline.

price prediction market

Implied probability (Yes)
60%

Source: user-generated

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