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Candlesticks, composed.
A four-day trading week packed four weeks of drama: WTI crossed $100 for the first time in years, August CPI kept the pressure on, and the S&P 500 fell for a fourth consecutive session before Friday's relief rally closed the week on a calmer note.
Candlesticks, composed.
A sharp US-Iran re-escalation rattled Monday, mid-week dovish Fed signals lifted sentiment, then Friday's blowout jobs report reversed it all: leaving the S&P 500 essentially flat and the September FOMC wide open.
A blowout Nvidia quarter confirmed the AI cycle is intact, but Fed Chair Warsh's hawkish Jackson Hole debut sent rate hike odds surging and rattled gold, silver and Bitcoin on Friday.
Rising long-term Treasury yields, a Walmart-shaped consumer warning, and surging Bitcoin combined for a volatile week, but the combined portfolio again beat a falling market.
