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Don't buy Thursday’s dip: strategist

Video Credit: Reuters Studio
Published on September 3, 2020 - Duration: 04:14s

Don't buy Thursday’s dip: strategist

As the Nasdaq fell 5% intraday Thursday, Crossmark Global Investments' Victoria Fernandez, who last month advocated trimming positions on big cap tech stocks, says the market may have further to drop.

She tells Reuters' Fred Katayama investors should later buy consumer staples, utility, and energy stocks.

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