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S&P 500 market breadth improves as 61% of stocks rise above 50-day average

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  • S&P 500 breadth improved across both 50-day and 200-day moving-average measures.
  • 61% of constituents stood above their 50-day average on Oct. 23.
  • 335 constituents rose on Oct. 22 despite a 1.2% S&P 500 decline.
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