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Dow Jones goes into reverse as volatility increases

Well, no sooner than the ink was dry on the previous update, the whole vista seemed to shift and that was led by a shunt lower in the Dow Jones. The index just now got crunched for some reason. The index has now fallen to below 38,900 and that has caused the Nasdaq 100 to reverse lower too. The move lower in the Dow is also coming as the DAX drops back from an earlier record high above 17,740. It seems that month-end profit taking is now at work here perhaps? One thing is certain though: that is a marked pick in volatility. The Dow Jones is currently trading at 38,865 

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