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via finance.yahoo.comMarkets

Market volatility: S&P 500 hits record, AI selloff, rising global yields weigh on stocks

FROM THE WIRE · FINANCE.YAHOO.COM

Michael Reinking, Senior Market Strategist at the NYSE, reviews a volatile week as the S&P 500 hit a record Tuesday before rising oil and global yields weighed on stocks. Oil swung over 5% on Strait of Hormuz attacks before easing after President Trump said no Iran strike would…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA volatile week with S&P 500 record Tuesday followed by AI selloff and global yield pressure; Friday's jobs data read as goldilocks.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01S&P 500 hit record high Tuesday, but AI selloff Thursday sent ICE semi index down ~4%.
  2. 02Oil swung over 5% on Strait of Hormuz attacks, then eased after Trump's comments on Iran.
  3. 03Friday's soft jobs report read as goldilocks; FOMC minutes show broad support for September hike.
  4. 04Inflation data, retail sales and bank earnings kick off next week.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
State Street SPDR S&P 500 ETFSPYETF773.93 USDMarket closedtoday -0.42%Neutral S&P 500INDEX:SP500Index7,765.70Market closedtoday -0.46%Neutral BitcoinBTCUSDCrypto81,623.78 USD-0.03%today -1.98%Neutral EthereumETHUSDCrypto2,477.27 USD+0.19%today -3.74%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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