UPDATE: S&P 500 Taps Session Low

The S&P 500 tapped session lows Monday afternoon amid weakness in WTI prices. Technical traders pointed out that the index is now set to test support at 1900, following a dismal start to 2016.

The index currently stands at 1905, down slightly less than 1% for the session. Healthcare, materials, and energy were among sectors that underperformed.

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