FX & CFD trading involves significant risk
Stocks have been under pressure all session. As a result the S&P 500 fell more than 1% to a new July low.
The gain by gold bullion has helped drive higher shares of metals and mining players in the face of broad market weakness, which has taken all 10 major sectors in to the red to trade with losses of about 1% or more.
Financials have been the poorest performers for virtually the entire session (-2.0%).
With stocks under such heavy pressure, the S&P 500 has slipped below the 1300 line for the first time this month.
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