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Weekly Market Morning (July 28) PCE Prices Edge Up (0.1%) & GDP Growth Beats Estimates

MM July 28

Last week’s market and economic data key points: Biden stepping aside from reelection GDP growth rises 2.8% PCE inflation rises moderately in June Dow up 0.8%, S&P down 0.8%, Nasdaq down 2.1% S&P 500’s turbulent week ends with stocks rallying after PCE report Alphabet down but Q2 revenue & profit beat expectations Tesla’s earnings missed […]

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