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Stocks, Bond Yields Stumble On Trump Lawsuit, Draghi Disappointment

US equity markets were already rolling over when they got a double-whammy kick lower, first from Draghi practically admitting defeat over EU economic weakness and second from Democrats’ lawsuit against Trump

Add to those two headlines the fact that The S&P 500 and Dow broke their 50- and 100-DMA, and the markets took a dive…

 

Led by Nasdaq…

 

VIX spiked above 17…

 

Treasury yields are rolling over…

 

The Dollar remains higher but is fading since The Democrats’ lawsuit…

 

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