The intraday chart of the S&P 500 fashioned one thing of a double prime at 3974 after which sagged. With lower than two hours to go in buying and selling, the index is now up 21 factors to 3955, which is true about the place it opened.
One other set off for the drop seemingly got here from bonds with US 10-year yields up 8.5 bps to a session excessive of three.498%.