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Half of the S&P 500 is now in a bear market. As the S&P 500 toys with falling into a correction which defined a 10% drop from a recent high. The last time the S&P 500 closed with a 10% correction was 4 months ago.
Crude oil falls into $30 a barrel territory. This price could have producers losing about 2 billion per week.
Strong US Dollar pushes gold lower.