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Global Market Olympics: S&P 500 Stays in the Black by a Hair

Medal Rounds - Day 8: Another tough day. Only three days to go and the S&P 500 is barely in positive territory. A 1% spread with the Swiss Market Index remains. Will the USA be able to hold on? Who will finish the week strong and grab a medal?

  • The S&P 500 lost another .9% yesterday, but managed to lose less than its peers which all lost more than 1.5%
  • Japan and Australia are in a dead heat for third
  • The top four contenders are now within a 2% range, putting the gold medal back in play
  • Of our original 20 indices, Israel's T25 would be in the lead, up .7%, followed by Colombia's IGBC, up .3%.

World Markets Olympic Challenge: Leaderboard as of (8/19 Close) -

Driving the S&P south yesterday were Sallie Mae (SLM), Lehman (LEH), MGIC Investment(MTG), Autonation (AN), and Macy's (M). Who do you think will win the World Market Olympic Challenge?

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