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S&P 500, NASDAQ, and Dow Pull Back, Weakness in US Markets

S&P 500, NASDAQ, and Dow Pull Back, Weakness in US Markets

Amid the improved global market sentiment and an increased risk appetite, the S&P 500 traded with strength in the past four weeks and closed all four weeks at fresh record high levels. Following the weakness, the S&P 500 opened lower on Tuesday and closed lower. On January 30, ten out 11 major S&P 500 sectors moved lower.