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US Stock Market News Digest on August 26
Dow Jones stalls near record highs
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Dow Jones stalls near record highs ahead of key reports and Fed chair's speechThe Dow Jones Industrial Average consolidated around the 53,600 level after three consecutive days of gains. The prior upside impulse was driven by a strong recovery in the tech sector led by Nvidia and by a decline in Treasury yields. Further easing of inflation fears was caused by a drop in oil prices to two-week lows and the US Treasury's decision to double its buybacks of long-dated
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