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U.S. markets continued their parabolic run to start 2018 with record round numbers tripping on today’s surge to higher highs. However, the opening surge fizzled as the major indexes gave all of their gains to close the session in negative territory.
The Dow slipped 0.04% after peaking at 26,086 but failed to hold the 26,000 level. The S&P 500 slipped 0.4% after clearing 2,800 but a level that also failed to hold.
The Nasdaq lost 0.5% after tapping a record high of 7,330 while closing lower for just the 2nd time in the past 10 sessions. The Russell 2000 tumbled 1.2% after tapping a lifetime high of 1,604 and showed the most volatility.
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