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More on Forced Stock Liquidation Block Sales

US

Recent tweet from CNBC Leslie Picker: "Morgan Stanley has been telling investors it sold $15 billion worth of blocks in the last few days; it has no more blocks to do, and the firm has not incurred significant losses as a result of these transactions, according to a source with knowledge of the matter." Equities trimming losses, moving higher:

  • DJIA up 23.26 points (0.07%) at 33072.88
  • S&P E-Mini Future down 8.75 points (-0.22%) at 3951.25
  • Nasdaq down 80.6 points (-0.6%) at 13138.72

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