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Echoing Wednesday Slide, Programmatic Selling Drive Stocks Lower

EQUITIES

Just after the London close, equities saw another round of selling pressure, with the e-mini S&P taking out the Asia-Pac low to rival Thursday's lowest levels. The move was very reminiscent of the selling pressure seen mid-Wednesday, with the index shedding around 20 points on seemingly no news, before stabilising.

Energy and industrials led the losses, with tech the sole sector in the green across the S&P 500. Europe was more mixed, with German stocks outperforming, while Spanish names were in retreat.

MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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