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S&P 500 traces out an ugly outside day to start the year. What are the worries?

January 04, 2021 at 03:59PM

S&P 500 traces out an ugly outside day to start the year. What are the worries?
Heavy selling kicks in
All the positive sentiment in the market evaporated in a few hours. US equity futures were up more than 20 points in the premarket but case is now down by 40, trading an outside day on daily chart.

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