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Global Indices

The US market closed basically unchanged this morning after experiencing another fairly volatile session which saw the Dow swing around in a 600-point range before a lacklustre close. The Energy & Materials Sectors were the standout underperformers in line with weakness in commodities while the more defensive Healthcare, Real Estate and Utilities Sectors all rallied over 1%.

IVV
MM is neutral to slightly positive US equities over the coming weeks/months
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US S&P500 Index
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