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DBS: Equities to correct should earnings disappoint

While the Federal Reserve’s dovish tone buoyed US stocks last week, DBS believes equities remain susceptible to a pullback 
in the near term. “Challenges remain that given current valuations, equity markets will still run the risk of a near-term correction should corporate earnings disappoint in coming quarters,” DBS says in its latest investment note. The S&P 500 Index pushed higher…

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