THE GIST (“THE WHAT”) The S&P 500 index snapped a four-day losing streak following optimistic economic data and strong earnings. Gains, however, were capped as yields rose midsession following hawkish comments by Fed Governor Bowman and NY Fed President Williams. The index closed the session with a modest gain of 40.41 points (0.90%) at 4518.44. (more…)
Today In the Markets – Mon 08/07
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