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"Men in rage strike those that wish them best.”? William Shakespeare, Othello
The market broke its three-week winning streak last week. The Dow was off approximately one percent while the Russell 2000 declined just slightly more on a percentage basis. Both the S&P 500 and NASDAQ posted more modest declines. Equities started out the new trading week Monday with slight gains across the board.
We begin today with the major indices still within shouting distance of the all-time highs they hit in July. This is despite a slowing global economy and escalated trade tensions.