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S&P 500 Secures Third Weekly Gain as Oil and Gold Advance on Fed Pause Bets

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • US equity indices retreated slightly Friday after weak retail sales and consumer sentiment data, but the S&P 500 and Nasdaq secured third straight weekly gains.
  • Crude oil climbed on Middle East geopolitical supply concerns, while gold gained amid expectations for a Federal Reserve rate pause in September.
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