📊 US Stocks Slip; Energy Gains, Fed in Focus Ahead of Jackson Hole

• Equities: S&P –0.40% to 6,370 (5th straight loss); Dow –0.34%; Nasdaq –0.34%; Russell 2000 +0.21%. Energy +0.71% led gains; defensives lagged.
• Macro: Philly Fed –0.3 vs 7.0 est; Jobless claims rose to 235K; Flash PMI 55.4, with mfg back in expansion (53.3). Housing solid — sales +2% m/m.
• Fed watch: Hammack warns inflation “trending wrong way”; Cook rejects resignation calls; Schmid & Bostic back steady policy.
• Commodities: Gold steady at $3,342 (range $3,245–$3,438) ahead of Powell; WTI supported by US crude draw –6M bbl. Canada PPI +0.7% m/m on metals, beef, lumber.
• Europe: PMIs show resilience — Eurozone composite 51.1; UK composite 53.0 (1yr high). FTSE 100 hit record earlier this week.
• Asia: Japan composite PMI 51.9; Australia PMI 54.9 (40-mo high). China signs trade/security pacts with Pakistan, Afghanistan, Kazakhstan.
• Crypto: BTC ~$114K holding $112K support; ETH +5% to $4,500 on whale buying; ADA, BNB, SOL rebound; DOGE golden cross forming; PI up on Hackathon buzz.

📊 U.S. Stocks Rebound Off Lows; Fed Tensions Lift Gold

• Equities: S&P –0.24% to 6,395; Nasdaq –0.67% to 21,173; Dow +0.04% to 44,938. All indices held key moving averages after sharp intraday swings.
• Politics & Fed: Trump demanded Fed Gov. Lisa Cook’s resignation; concerns over Fed independence weighed on USD, boosted safe-haven demand.
• FOMC minutes: Majority prefer holding rates steady at 4.25–4.50%; inflation risks dominate; divisions remain over tariff impacts.
• Commodities: WTI +$0.73 to $62.50 on a surprise crude draw (–6M bbls); Gold +$26.77 to $3,342, rebounding above 100-day MA; Silver fell to $37.15, 5th straight decline.
• Europe: Mixed close — FTSE 100 +1.08% outperformed, DAX –0.60% and FTSE MIB –0.36% lagged.
• Crypto: Bitwise CIO projects BTC 28.3% annualized returns through 2035; ETFs see $54B+ inflows, corporate treasuries hold $111B BTC.

📊 Tech Selloff Drags Nasdaq; Powell in Focus at Jackson Hole

• Equities: Dow +0.02% to 44,922; S&P –0.58% to 6,411; Nasdaq –1.46% to 21,315 (below 100-hr MA); Russell –0.55%.
• Semis slump: NVDA –3.55%, AMD –5.44%, AVGO –3.55%, TSMC –3.16%; Intel +6.97% on $2B SoftBank stake & potential Chips Act equity deal.
• Macro: GDPNow cut to 2.3% Q3; S&P affirms U.S. AA+ rating, outlook stable. Housing starts surprise to upside (1.428m).
• Fed watch: Bowman backs July cut but no further shift.
• Commodities: Gold stuck $3,245–$3,438 range; oil softer on Ukraine peace hopes; China’s July refined copper output 1.27mt (2nd-highest ever).
• Europe: Rotation lifts indices; FTSE 100, Ibex, FTSE MIB hit multi-year highs.
• Asia: Japan PM calls for “fair peace”; BoJ rate debate intensifies. Aussie consumer sentiment at 3½-yr high post-RBA cuts.
• Crypto: BTC whipsaws near $115K, ETH slides toward $4,000, XRP clings to $2.99 support. Meme coins (DOGE, SHIB, PEPE) weaken; altcoins like AVAX, SUI show negative momentum.

📊 Markets Mixed as Dow Hits New Intraday High

• Equities: Dow +0.08% (intraday record 45,203.52), S&P –0.29%, Nasdaq –0.43%, Russell 2000 –0.55%.
• Big mover: UnitedHealth +11.98% on Berkshire stake report.
• Data recap: Retail sales +0.5% m/m; PPI +0.9% m/m vs 0.2% est.; U. Michigan sentiment 58.6.
• Commodities: Gold steady at $3,340; Brent < $66 on build forecasts; WTI stocks +3.04M bbl. • Asia focus: PBOC pledges loose policy; Japan Q2 GDP beats, +0.3% q/q SA. • Crypto: BTC >$119K; ETH >$4,600 with $634M ETF inflows; SEC launching Project Crypto modernization.

📊 S&P Extends Record Run as Hot PPI Tempers Fed Cut Hopes

• Flat finish: S&P 500 +0.03% to record close; Dow –0.02%, Nasdaq –0.01%, Russell 2000 –1.24%.
• Stock standouts: Intel +7.3% on possible U.S. stake; Amazon +2.86%, Netflix +2.17%.
• Rates ease: 30-year mortgage at 6.58%, lowest since Oct 2024; 10-year yield at 4.30%.
• PPI surprise: July +0.9% MoM vs 0.2% est., lifting YoY to 3.3%; core up to 3.7% YoY.
• Oil rebounds: WTI +2.09% to $63.96; eyes $64.73 resistance.
• Gold falls: Down 0.60% to $3,334

📈 U.S. Indices Hit Fresh Records Amid Fed Cut Bets

• Stocks close higher: Dow +1.04%, S&P +0.32%, Nasdaq +0.14%, Russell 2000 +1.98% after choppy session.
• Fed outlook shifts: Nomura, UBS, and Goldman see September rate cuts; easing cycle forecasts strengthen.
• Gold gains: Up to $3,357 on cut bets and geopolitics ahead of Trump–Putin talks.
• Oil slides: WTI at $62.65 after large U.S. crude inventory build.
• Asia rallies: Nikkei and Topix hit all-time highs; China posts rare negative bank lending.
• Crypto watch: ETH >$4,600 on ETF inflows; BTC dominance <60%; XRP eyes $3.66 high.

📈 Records Across the Board as Small Caps Lead Rally

• All indices higher: S&P 500 +1.13%, Nasdaq +1.39% at record, Russell 2000 +2.99% best since May 12.
• CPI steady: July data in line with forecasts boosts September Fed cut bets; 60 bps easing priced in for 2025.
• Airlines soar: American +12.22%, United +10.19%, Delta +9.23% on first airfare rise in six months.
• Oil slides: WTI at $63.17, breaking key support; May lows near $60 now in view.
• Gold holds: Support at $3,340 intact; resistance at $3,380 then $3,400–$3,410.
• Crypto rallies: BTC >$120K, ETH >$4,400, SOL near $200 breakout, XRP above $3.21.