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Stocks give up more than half of their earlier gains 75 minutes before the bell, the S&P 500...

Stocks give up more than half of their earlier gains 75 minutes before the bell, the S&P 500 (SPY +0.4%). It's those interest rates again. Quiet for most of the day, rates began turning higher (TLT -0.4%) just after lunch, and the 10-year yield is now up 4 bps to 2.17%. Favorites of the dividend players, health care (XLV) and utilities (XLU) underperform - just flat on the session.
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Comments (3)
  • wmateri
    , contributor
    Comments (538) | Send Message
     
    Coincidentally what happened in Europe near the end of their close today.
    17 Jun 2013, 02:50 PM Reply Like
  • davidshelton
    , contributor
    Comments (322) | Send Message
     
    TLT to -0.63% now. What's going on? http://bit.ly/127dbwm
    17 Jun 2013, 03:49 PM Reply Like
  • ElBandito
    , contributor
    Comments (2) | Send Message
     
    SPX halved losses of +1.4% on FT article suggesting
    'Fed likely to signal tapering move is close'
    17 Jun 2013, 11:14 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
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