S&P Market News Update : Epic Research Singapore

After a sharp selloff in U.S. stocks on Friday the main benchmarks recorded their deepest weekly declines in more than two years.

The S&P 500 SPX, -1.15%   fell 22 points, or 1.1%, to 1,906.13, losing 3.1% over the week, its biggest weekly drop since May 2012. The benchmark index is a hair’s breadth away from undercutting its key support level.

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