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“Manic Monday” Followed By Strong Rally, DJIA, Nasdaq and S&P 500 All Close at All-Time Highs

Summary

- S&P 500 closed at an ATH of 4,411.79 on the week. The DJIA closed above 35k for the first time ever. Nasdaq is looking like it wants 15,000 bad

- The beginning of the week couldn’t have been more different from the end. Monday was the worst sell-off of 2021 for the DJIA

- The rising prevalence of the ominous Delta Variant and uncertainty around inflation and the debt ceiling are all risks markets seem to be seeing through given the recovery.

- July and August tend to be poor months f...

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