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Stocks Were Strong In August. Here's What Could Derail The S&P 500's Rally
Source: seekingalpha.com
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August saw broad gains as the S&P 500 rose ~2%, with the Nasdaq 100 ETF (QQQ) outperforming on mega-cap strength. Energy led the sector complex, supported by gains in refiners such as MPC, PSX, and VLO, while Utilities lagged as Treasury yields moved higher.
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