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Poof! S&P 500 Erases YTD Gains

Was the S&P 500 the last proverbial man standing?

Today’s -2.09% clobbering officially wiped out the S&P 500’s (NYSEARCA:IVV) YTD gain.  Put another way, three-months of gains were lost in single trading session! (See chart below)

The swift decline doesn’t come as a surprise to our readers,

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