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Market Recap Week of 8/2/2021 Through 8/6/2021 – Daily Flash Briefing

August 9, 2021 by Bautis Financial
Stock Trader Assessing the Stock Market

Listen to our weekly stock market recap, including a look at the week ahead.

The S&P 500 index rose 0.9% this week, hitting fresh records in a broad climb, led by the financial sector, as most quarterly earnings results continued to come in above expectations. July payroll showed stronger than anticipated job growth.

The week’s gains more than erased last week’s 0.4% decline, which had come amid concerns that the economic recovery may be slowing, especially from impacts of the Delta variant of COVID-19. However, investors shifted their focus this week back to corporate earnings results and economic data, where they found signs of hope.

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Bautis Financial’s Amazon Alexa Daily Flash News Briefing
Category: Finance News, InvestmentsTag: Market Recap, Market Trends, Stock Market, Stock Market Trends, Stock Market Update, Weekly Market Recap
Previous Post: « July Jobs Report July 2021 Jobs Report: U.S. Economy Adds 943,000 Jobs – Daily Flash Briefing
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