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With pessimistic predictions of a longer-than-forecast global recession, the World Bank spooked the stock market into testing the recent rally.
Eight of the 10 exchange traded funds with the worst grades from TheSteet.com Ratings rise at twice the pace of their underlying indexes' declines. Even this week's dip in stocks hasn't come close to bringing the funds into the black. But they could jump back quickly if equities extend their declines.
The ratings are based on month-end data. All of these ETFs earned the lowest possible grade of E-minus by combining high volatility risk and poor reward performance. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,400.24 | 1,106.16 | 2,194.42 | 34.83 |
Oil *
77.73
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|
UP
34.09
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UP
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21.28
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+0.98%
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+3.05%
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