Boom, we’re back…? Stocks snapped a two-day losing streak as renewed bets on a September rate cut (currently above 95%) and strength in the world’s largest tech names fueled a recovery. With markets eyeing Friday’s crucial NFP report (where odds imply a 95% chance of an upside move) a drop in July job openings to 10-month low reinforced expectations for two Fed cuts this year and pushed bond yields lower. Mega-cap tech did the heavy lifting, driving the Nasdaq (+1%) higher as Alphabet (+9.1%) h…
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