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Global markets in the week gone by
This past week, US markets closed with mixed results amid economic data indicating easing inflation pressures. The S&P 500 edged up to achieve its fourth consecutive record close. The Nasdaq composite also set a record high, marking its fifth straight all-time closing high. However, the dow jones industrial average slipped. The week saw the nasdaq posting its largest weekly gain since late April, bolstered by optimism over tech stocks.
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