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Tuesday, June 18, 2024

Trading legend Art Cashin is skeptical of the sentiment-driven rally and warns a ‘bump in the road could turn out to be a landmine’

Legendary trader Art Cashin is skeptical of the stock market rally and said a hiccup could quickly unravel investors’ optimism. The warning comes as the market wraps up a strong second quarter that extended year-to-date gains. In the first haf of 2023, the Nasdaq is up 30%, and the S&P 500 is up …

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