In yesterday's trading, the S&P 500 lost about 10 basis points in value primarily on lower prices in the industrial sector. Industrials, weighing in at more than 10% of the S&P 500 by market capitalization, declined 110 basis points......
.... with weakness seen across the sector on a price/volume basis. Utilities, my whipping boy at the moment, experienced largely benign price/volume characteristics in yesterday's trading.
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