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Posted by
Two Blokes Apr 26 -
Filed in
Stock
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The S&P 500 index (^GSPC 0.74%) is made up of 500 companies from 11 different sectors of the economy, so it's the most diversified of the major U.S. stock market indexes. It's currently down 12.5% from its record high, placing it firmly in correction territory, amid simmering global trade tensions that were sparked by President Trump's "Liberation Day" on April 2.