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Nothing but bad news–and S&P 500 still sinks only 0.55%

Red, red, red everywhere today. Caterpillar (CAT) and 3M (((MMM) disappointed on guidance. China and Europe sold off. As did the financial sector with the Financial Select Sector SPDR ETF (XLF) falling 0.77% to $25.90 to break or at least test support. And, then, as if the market needed another burden Saudi Arabia announced that […]

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