Market Averts Disaster, but Sags Late to Close Red

US market closed in the red on Tuesday after turning lower in the afternoon, but given the magnitude of pre-market losses, today really amounts to a great escape for the bulls. S&P futures were down 15 handles overnight, and Italian markets were down nearly 5% before rallying green and preventing a sharply lower open Stateside. For now it appears there are willing buyers on dips, but given...

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