 Yesterdays losses in US equities have been nearly erased as the SP 500 surged 44 points to 3876 at the open but that would be a short-term high as some selling has crept in over the past few minutes, halving the gains.The index continues to trade inside the recent range as uncertainty around the economy, inflation and Fed policy conntinues. Todays rally is built on hopes that the Fed wont hike as high due to slower wage growth but it could be threatened by the ISM services survey a... 