The stock market made headlines recently for closing out its best quarter in years between early April and late June.
Since then, however, stocks have stumbled. The S&P 500 (SNPINDEX: ^GSPC) is down nearly 1% so far this month, as of this writing, while the tech-heavy Nasdaq Composite (NASDAQINDEX: ^IXIC) has dipped by close to 3.5%, its third straight week of declines.
Between surging oil prices threatening to drive up inflation and tech companies grappling with concerns around AI spending, the market has a lot on its plate. One stock market metric Warren Buffett has endorsed could be sending a warning sign to investors, and history suggests investors may want to exercise caution.
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