Epic US Markets Update

The S&P 500 held above 1,500, seen by technical analysts as an inflection point that will determine the overall direction in the near term. The index is on track to post its best month since October 2011 and its best January since 1997.
The Dow Jones industrial average was down 44 points, or 0.32 percent, at 13,910.42. The Standard & Poor’s 500 Index was down 5.88 points, or 0.39 percent, at 1,501.96. The Nasdaq Composite Index was down 11.35 points, or 0.36 percent, at 3,142.31.

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