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Bad News for Bulls; S&P Going to 1,500: Pro

12:41 PM ET Tue, 2 July 2013

SAC's Flagship Fund rose 1.5 percent in June, reports CNBC's Kate Kelly. FMHR traders Stephanie Link and Stephen Weiss debate the bear versus bull call on Caterpillar. The technical indicators show the market pulling back, says Robert Sluymer of RBC Capital Markets.