The risk trade is fading as the day extends

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The S&P 500 was up 32 points in early trade but that's been whittled away down to 5 points as we near the final 30 minutes of trading. The early gains and the huge spike in Oracle may have been a red flag for worried about overly-euphoric markets, and as a sign to take profits. The index is now up just 7 points while Oracle shares are up only 36% after rising by 43% at the peak.Along with stock markets fading, other risk trades are following. The US dollar is climbing as this unfolds, particularly against the commodity currencies.I hate to tie this back to the Charlie Kirk shooting but it sure puts a pit in the stomach and the possibility of more violence and division in the USA. This article was written by Adam Button at investinglive.com.