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No Market Breadth, No Problem as Faangs Lift S&P 500 Higher

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No Market Breadth, No Problem as Faangs Lift S&P 500 Higher

14 Jul Stock Analysis

(Bloomberg) — Another day, another hotter-than-expected inflation reading — and the stock market is sitting at record highs.
It wasnt supposed to go like this. Rising consumer prices were assumed to act as a drag on the value of future earnings, particularly…

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