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Market Commentary
S&P 500 Notches Fresh Record High
Soft PPI and memory-stock strength push the tape to new highs as rate-hike odds ease. The S&P 500 closed at a new all-time high Thursday after cooler-than-expected July producer price data and a firm bid in AI-related memory names. SPY finished the session higher...
read moreTape Firms on Cooler CPI and AI Strength
Indexes advance modestly as leadership concentrates in technology and semiconductors while defensive areas lag. The major averages closed higher Wednesday after the July CPI print came in as expected, with core measures easing slightly. SPY finished around 772.5, up...
read moreEnergy Leads as Indexes Drift
Indexes ease modestly from recent highs while energy catches a clear bid on Hormuz uncertainty. SPY closed essentially flat at 773.03 after Friday’s record territory, down a negligible fraction. QQQ slipped to the low 720s, roughly –0.3%, as selective pressure...
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