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Market Commentary
Tape Holds Higher Ground
Indexes grind higher with technology and industrials providing the lift on another quiet session. The major averages closed modestly higher Tuesday. SPY advanced 0.32 percent to 765.91. QQQ gained 0.62 percent to 710.72. IWM rose 0.44 percent to 299.28. Volume...
read moreDefensives Hold the Line While Tech Digests
S&P 500 slips 0.3% as financials, staples, and utilities lead; semiconductors remain soft ahead of Nvidia’s report and Jackson Hole. SPY closed at $763.54, down 0.28% on the session and further from its early-August peak. QQQ finished near $706–710, off roughly...
read moreTape Firms on Friday Rebound
Indexes trim weekly losses as materials and healthcare provide selective leadership after a pressure-filled week. The major averages closed higher on Friday, August 21, recovering a portion of the week’s damage. SPY finished at 765.72, up 0.41 percent. QQQ closed at...
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