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This stock-market milestone indicates the S&P 500 could be as much as 16% higher one year from today

By: MarketWatch

August 15, 2022 at 18:30 PM EDT

The S&P 500 just triggered a key gauge of market breadth that, in the past, has been a reliable indicator of future gains.

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This stock-market milestone indicates the S&P 500 could be as much as 16% higher one year from today