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Wall Street Strategists Call Stock Rout a Fresh Reason to Buy

Bloomberg Markets·Emily Forgash·3 days ago
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Markets

S&P 500 signage at the Nasdaq MarketSite in New York.

Photographer: Michael Nagle/Bloomberg

By Emily Forgash

Takeaways by Bloomberg AI

A slew of Wall Street strategists were banking on a short-term selloff following the US midterm elections to give investors an opportunity to buy stocks at a discount.

On Thursday, they got far more than they bargained for. And now they’re urging their clients to take advantage.