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August 8, 2017

Record-setting markets surprisingly calm

  • But as central banks start to wean markets off the stimulus they've injected, many money managers say they're preparing for a bumpier ride.
    AP Business Writer

    NEW YORK — This year's run to a record for the stock market has been one of the calmest in decades. Just don't get too comfortable.

    Only twice this year have investors had to deal with a 1 percent drop for the Standard & Poor's 500 index in a day. That's far fewer than typical.

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