The Federal Reserve and Congressional politics threaten to rain on the market party.
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[BRIEFING.COM] Equity indices continue hovering just above their flat lines with two countercyclical sectors-telecom services (+0.5%) and utilities (+0.5%)-in the lead. However, it is worth pointing out that the two groups constitute just over 5.0% of the entire S&P 500 index.
Meanwhile, top-weighted sectors trade in mixed fashion, keeping the S&P 500 close to its flat line. Financials (-0.1%) and technology (-0.2%), which represent 35.3% of the market, underperform, while ... More
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