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Harding: S&P 500 flawed

Friday, 25 Jul 2014 | 1:25 PM ET

David Harding says the S&P 500 index is so flawed, even picking stocks at random offers better returns than tracking the benchmark. Kenny Polcari, O'Neil Securities; CNBC's Bob Pisani; and Todd Rosenbluth, S&P Capital IQ, discuss.