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A recent bout of selling pressure has caused stocks to roll over so that both the S&P 500 and the Nasdaq Composite are in the red. The Dow is still clinging to a very modest gain.
No headline or announcement has been made that can account for the sudden turn in sentiment. Most likely, though, the downturn is owed to the interest among participants to exit their positions since stocks have struggled to add to their gains today. Such action suggests that traders are still inclined to sell into the stock market's downward, rather than try to step in with a firm bid.
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