S&P 500 Falls and Breaks Three-Day Winning Streak

MARKETS

Investors take advantage of recent gains while the markets awaits minutes from the Federal Reserve’s July meeting

Release today of the minutes from their July 26-27 policy meeting will give direction of size of future rate hikes

Federal Reserve officials will keep raising interest rates until high inflation is under control.

 

Mixed retail earnings are capturing headlines  

Don’t be swayed by mixed retail earning reports as Walmart up, Target down!

 

Outcome….

Following reports that should be at or close to forecasts look for continued market neutral condition throughout Week.

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