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StockNews.com
StockNews.com
Business
Pragya Pandey

Wells Fargo Adds These 2 Stocks To "Recession Portfolio"

Stocks, cryptocurrencies, and other risky assets have witnessed massive sell-offs lately as investors fear that surging inflation and rising interest rates may push the economy into a recession.

The S&P 500 ended last week recording its worst weekly performance since March 2020, shedding 5.8%. This was the benchmark index's tenth drop over the previous 11 weeks.

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