"Recap July 25"
Stocks lost ground, with the S&P 500 falling 50 basis points to
narrow its gains for the week to less than 1% with one session
remaining. The VIX popped back toward 14 and gold extended its recent
pullback to sink to $1,415 an ounce while WTI crude held at $56 a
barrel. Treasurys came under notable pressure, with the 10-year yield rising back to 2.08%.
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