S&P 500 will close lower as profit taking spreads

S&P 500 will close lower as sellers erase recent gains and push the index below the October 15 close of 7,745 reported by Newsquawk. The prior session showed a narrow uptick while the Nasdaq was at 29,936 and the Russell 2000 was 2,767 on October 15, highlighting uneven breadth. With the S&P down -…