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U.S. markets were slightly lower to start the week and ahead of a two-day FOMC meeting that begins on Tuesday. The small-caps continue to lag and led today’s pullback with the Russell 2000 falling 1.2% and back below the 1,500 level.
The Dow and S&P 500 closed mildly lower but held near-term support levels that had served as prior resistance.
Meanwhile, the Nasdaq started slow but traded to an intraday all-time high of 6,727 before closing just below the 6,700 level.
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