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US equitieds slump for the third day as selling accelerates

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The US House is getting set to vote on a speaker once again but I can’t see any reason why the result would change or why it would be a market moving.

Beyond that, the market may be worried about weekend risk with Gaza and the broader Middle East. I would have thought there would be some relief for stocks on lower Treasury yields but that certainly hasn’t been the case. The S&P 500 is down 29 points, or 0.7%.

SPX daily

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