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The Rally Has Been Erased

Rob WileJan 27, 2014, 20:58 IST

That was fast.

After opening higher, markets have fallen back into the red, with the S&P down 0.14%. The NASDAQ is off 0.54%. The Dow is treading green at 0.06%, thanks to a solid earnings report from Caterpillar.

Most commodities are off too: gold and crude are both down 0.23%.

Here's the chart from S&P:

Yahoo