"Recap July 26"
Another blistering rally left the S&P 500 higher by nearly 2% for
the week and 21% year-to-date, as the bulls can seemingly do no wrong at
the moment. Gold managed to eke out a modest gain and WTI crude held
at $56 a barrel, and Treasury yields inched lower. The VIX closed just
above 12, its lowest weekly finish since April.
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