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S&P 500 falls to lows of session toward mid-day, levels to watch

The index is hitting the lows of the session as noon hour approaches on the east coast. The first test will be the low yesterday at 1388.14. On a breakdown below that level, next support is at 1379.17. Only two sectors are in the green today, the Financials and Utilities. The weakest sectors are Energy, Health Care, Materials, and Consumer Discretionary. Resistance is at 1394.53, yesterday's close.