SPY will finish below 667.34 after Powell warns valuations high

The S&P 500 will finish September 24 lower as early weakness extends into the close and sellers tighten positions. The index will carry forward a 0.6% drop that left SPY trading at 661.10 after it fell from 667.34, while the Nasdaq and Dow will show 0.9% and 0.2% declines. Jerome Powell’s warning t…