Early Update – Broad Based Selling, S&P Test of $4100 Approaching

11:02 a.m. ET Yesterday we saw the more economically sensitive groups, Regional Banks and Small Caps outperform. This morning that dynamic has flipped, but we have the same broad-based selling. There’s more debt ceiling news since the cash open. Treasury Secretary, Janet Yellen (former Fed chair) made several disturbing comments: YELLEN REITERATES TREASURY MAY RUN…