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Market Rally Pauses as S&P 500 Drops; Energy Stocks Tumble Amid Ceasefire Uncertainty and Jackson Hole Anticipation | Daily Market Analysis
Key events: USA - Crude Oil Inventories USA - FOMC Meeting Minutes The S&P 500 ended its eight-day winning streak, weighed down by declines in energy stocks and cautious trading ahead of the Jackson Hole Symposium, where insights into future monetary policy are anticipated. The Dow Jones Industrial Average dipped by 61 points, or 0.2%, while the S&P 500 also dropped 0.2% and the NASDAQ Composite slid 0.4%.
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