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U.S.markets tried rebounding for the second-straight session following Wednesday’s run to higher highs, but the gains faded throughout the session with the major indexes settling mixed. Volatility was slightly subdued compared to recent sessions but the whipsaw action remains in place and will likely continue for the foreseeable future.
The Dow slipped 0.1% after trading to a high of 25,293 while closing below the 25,000 level for the 3rd-straight session. The S&P 500 sagged 0.5% following a morning run to 2,727 but has failed to hold 2,700 all week.
The Nasdaq was lower by 0.9% after testing a high of 7,170 but hełd the 7,000 level for the 2nd-straight session following the second-half weakness. The Russell 2000 was up less than a point, or 0.05%, after peaking at 1,517 while holding the 1,500 level throughout the day.
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