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Market Snapshot: The Ides of March could be a critical turning point for the stock market

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“Everything centers around the Ides of March.”

As much as Julius Caesar’s assassination on the Ides of March signaled an inflection point in Roman history, March 15 may also mark a watershed moment for the U.S. stock market with the Federal Reserve poised to seek closure to its loose monetary policy regime.

“The coming week has the potential to be huge for trading opportunities,” said Colin Cieszynski, chief market strategist at CMC Markets, in a note. “Everything centers around the Ides of March…with a number of key developments coming out both on [March] 15 and 16.”

See also: Will the Ides of March bury the stock market’s record run?

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