US stocks flat at the open

The S&P 500 is fractionally lower at 1802 after a 6 point decline on Tuesday.

Yesterday’s intraday low of 1801.75 is the first layer of support followed by 1800. There isn’t much on the calendar to get excited today but the euro continues to make things interesting as it flirts with 1.38.

Update: Stocks took a bit of a paddlin’ after the open, falling as low as 1295.50.

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