April Fools’ Day, indeed. U.S. stocks kicked off the month, and the start of the second quarter, on a sour note, with the main benchmarks ending Wednesday’s session with modest losses as a batch of weaker-than-expected economic reports further eroded confidence.Patience was certainly not on display as the S&P 500 SPX, -0.40% closed 8.20 points, or 0.4%, lower at 2,059.69. The benchmark index closed below a key technical level, with some analysts suggesting the index is vulnerable to further declines.
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