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Financial issues were weighing on the market midday Monday, as investors were positioning themselves ahead of another expected Fed rate hike next week.
In recent trading, both the S&P financial sector index and the Amex Broker/Dealer Index were losing 0.4%, albeit up from earlier lows.
Weakness in financials such as AIG (AIG Quote), American Express (AXP Quote) and J.P. Morgan Chase (JPM Quote) also was weighing on blue chips. The Dow Jones Industrial Average was recently down 31.37 points, or 0.29%, to 10,846.14. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,452.00 | 1,107.93 | 2,201.05 | 36.03 |
Oil *
72.08
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DOWN
49.05
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DOWN
6.18
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DOWN
11.05
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UP
0.57
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10 Yr
3.60%
SPDR Gold
110.21
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-0.47%
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-0.55%
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-0.50%
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+1.61%
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