Intraday Update- SPX $4200 Test and Off the Lows

2:14 p.m. ET After being down nearly -1.7% in early follow through downside trade, the S&P is off the lows after testing near the $4200 area, and as yields (which have been the most influential driver of price) drop double digits in basis point terms. NASDAQ-100, which stands to gain the most from the decline…