All main US equity indexes closed lower today, with the S&P 500 and Nasdaq dropping 0.3% and 0.25%, respectively. A bit more of mean reversion today, continuing yesterday’s theme with the MAG7 split on performance. Traders could be preparing themselves for tomorrows highly anticipated CPI print by taking some risk off the table. Inflation talk has picked up over the past month given its reluctancy to move lower, with estimates seeing a slight uptick in November headline CPI to 2.7% similar to…
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