All S&P 500 sectors finished in the red as interest rate expectations began to shift into the March FOMC policy announcement. This caused selling in more interest rate-sensitive parts of the market and a shift toward consumer staples. However, a large SPY print of 1.65M shares revealed a key level to watch for the index. (SYF, ITB, IYR, XLRE, MPW, ARKK, GOLD, OXY).
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