Early Update

10:58 a.m. ET It’s another volatile start for the averages, fading early and overnight gains due to the same reactionary price action to headlines. S&P futures (1m) fading overnight gains ahead of Biden’s speech. The mega-caps (MGK -0.1%) and growth stocks (-0.1%) are still not showing leadership (Value +0.45%) and that’s a drag on the…

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