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Author: jsc

Inside Markets — Vulnerable SPX

US equities are mixed and off best levels with the S&P 500 (SPX) attempting its 32nd record close for the year, though narrow leadership makes the current bull market highly vulnerable.

Inside Markets — All-time High

Yesterday’s risk-on rally and all-time high (ATH) in the SPX and NDX followed a Goldilocks ISM services print (improved headline number/lower prices paid) after two weeks of disappointing economic data.