The S&P 500, in the session reset following the U.S. market close, has begun a sharp downward move, dropping nearly 2% and more than 450 ticks. The decline has been so steep that it wiped out the entire bullish effort from last Friday, June 6th, when it surged strongly from the 5970 level. Today, the most important data point on the agenda is consumer sentiment, which is scheduled to be released at 10:00 AM EST.

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.