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The stock market began the new trading week on the defensive note with small-cap stocks pacing the retreat. The Russell 2000 (-1.4%) and Nasdaq Composite (-1.1%) displayed relative weakness, while the S&P 500 lost 0.8% with all ten sectors ending in the red. Today...
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The S&P futures are trading 0.3% below fair value, signaling a lower start for the cash market. A lot of reports want to blame the weakness on concerns about China's growth given that the Chinese market declined 1.7% on Monday. It's a convenient explanation alright...
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