Yahoo Finance: "Stocks slip to start August lower amid earnings, data deluge"

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Yahoo Finance: "Stocks slip to start August lower amid earnings, data deluge"

Excerpt from Yahoo Finance quoting DataTrek’s Nick Colas:

…. “DataTrek’s Nicholas Colas points out that in recent weeks, equities have reflected typical “risk-on” behavior, with small-cap stocks outperforming large-caps, and the Nasdaq Composite beating the S&P 500. The rebound came amid expectations that recent signs of a slowing economy may prompt the Federal Reserve to scale back its interest rate hiking cycle in the fall”….

Full article here on Yahoo Finance.