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flag S&P 500 undergoes market correction, but Fed can cut rates, and global markets show resilience.

flag The S&P 500 is experiencing a market correction, which historically occurs every two years, but the US economy is not heading for a recession. flag The Federal Reserve has room to cut interest rates if needed. flag While the US market dips, European, UK, and emerging market equities are performing well, and Treasury bonds are also seeing gains.

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