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The Dow Jones Industrial Average closed above 54,000 for the first time this week, with the S&P 500 and Nasdaq also hitting fresh records. The rally was fueled by a surprisingly weak July jobs report that showed the economy lost 23,000 jobs, well below the expected gain of 83,000. This soft data prompted traders to dial back expectations for a September rate hike, with odds falling from 55% to 45%. Lower rate expectations sent Treasury yields tumbling, and the 2-year...
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