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The Moment the S&P Drops as Early Information Is Released

Friday, 14 Jun 2013 | 9:58 AM ET

Wall Street banks are paying Thomson Reuters to receive important data earlier and faster than the rest of the market. The early-released numbers include the results of the University of Michigan Consumer Confidence Index, CNBC¿s Eamon Javers reports. As the information is released to high frequency traders at 9:54:58, watch as the S&P 500 SPDR drops.