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Correction off the lows in stocks continue. Major indices still in the red but rebounding


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Market cheering a 1% decline. Yippee.

The correction in the major stock indices continue. The S&P index and Nasdaq just traded at new session highs. 
That is the good news.
The not so good news, is the market is cheering near -1% declines in the major indices.  Eh, it is still better than the session lows.

  • S&P index -27.4 points or -1.0% at 2728
  • Nasdaq down -72. or -0.97% 7396
  • Dow is down -225 points or -0.88%

Speaking of cheering, Pres. Trump is out with a tweet cheering on the how the tariffs are adding billions of dollar in the coffers of the US treasury.  Yippee!

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