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Extending Losses

US STOCKS
Stocks continue to sell off ahead the FI close, SPX eminis through first support of 4250.00 (yesterday's low) to 4234.25. Brief rebound into midday has reversed, round of program selling on headlines the US is considering release of oil reserves as prices rise on Ukraine/Russia tensions.
  • Focus on second support year’s low of 4212.75 on Jan 24.
  • SPX Eminis currently trading -61.75 points (-1.44%) at 4238.5; Dow Industrials -371.87 points (-1.11%) at 33223.5; NASDAQ -258.4 points (-1.9%) at 13123.16.
    • SPX lagging sectors:
    • Communication Discretionary -2.80%
    • Information Technology -1.88%
    • Industrials and Utilities -1.41%

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