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Fortune
Fortune
Chloe Taylor

Don't be fooled by the rally in U.S. stocks, says Wall Street's top strategist

Mike Wilson (Credit: Christopher Goodney/Bloomberg via Getty Images)

Investors should remain vigilant and be wary of falling into a trap of betting on stocks after last week’s rally, Wall Street’s top strategist warned on Monday.

Stocks on Wall Street enjoyed a winning streak last week, with the S&P rallying on Friday, surpassing 4,200 during the session and closing at 4,192 points, its highest level in months.

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