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Peter Tuchman describes a volatile start for the S&P 500, with the index initially falling 0.72 percent at 9:30 a.m. before returning to near flat, up 0.01 percent by 11:20 a.m.
The rapid shift reflects ongoing market uncertainty in early trading.
Last week, Peter Tuchman reported that the S&P 500 lost $1.6 trillion in market capitalization over five trading days, as detailed here. He previously covered the Dow Jones closing at a record high, which coincided with increased market enthusiasm earlier this year. These earlier moves provide context for the choppy trading seen in the S&P 500 today.