Need to Know: Here’s why one strategist has slashed his S&P 500 target — and it isn’t just because of the Fed and COVID-19

Need to Know: Here’s why one strategist has slashed his S&P 500 target — and it isn’t just because of the Fed and COVID-19

The previous version misstated the direction of the Japanese yen.Well.The S&P 500 SPX, -5.89% dropped 5.9% on Thursday, the largest one-day decline since March 16. The small-cap Russell 200…
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