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Stocks won't hit new highs anytime soon and 3 things mean the market is fairly valued, Wells Fargo says

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Summary
Nutrition label

87% Informative

The S&P 500 is likely to face resistance around 5,670 , the record high it notched earlier this summer , Wells Fargo strategists said.

The bank's strategists warned that stocks were unlikely to move significantly higher in the coming months and in their view, the market is "now fairly valued" The bank pointed to concerns surrounding a potential recession and geopolitical uncertainty.

VR Score

91

Informative language

92

Neutral language

82

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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