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The U.S. stock market finally hit the brakes this week. The S&P 500 fell 1.4%, the Dow Jones Industrial Average declined 0.8%, and the Nasdaq Composite dropped 2.1%. Friday offered some relief, with the S&P 500 gaining 0.4%, the Nasdaq
2HFY26 Forecast: Temporary Capital Headwinds, Durable Bull MarketBy Kip Lytel, CFA — Montecito Capital Management As published in the 2026 Midyear Outlook · Wealth Management by Informa · August 2026 · Page 127 While consensus increasingly focuses on whether the
U.S. equities finished the week higher, with all three major indexes posting solid gains despite continued geopolitical tensions and higher Treasury yields. Strong corporate earnings—particularly from AI leaders—combined with resilient economic data and a patient Federal Reserve helped investors look
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