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All the S&P’s 11 major industry sectors ended the session lower.
Source: https://business.inquirer.net/390280/wall-st-falls-on-bank-stocks-tumble-jobs-report-jitters
Brown-Forman B shares have risen 5% since the beginning of the year, while the S&P’s 500 index has risen 17%.
Source: https://wtop.com/news/2023/08/brown-forman-b-fiscal-q1-earnings-snapshot/
But there were concerning streaks of data that came out of S&P’s new report.
Source: https://business.inquirer.net/434764/factory-output-hits-10-month-high-but-job-cuts-continue
While the financial talking heads remain fixated on the S&P’s battle at 4,000, we need to dig a bit deeper to see if the year-to-date leaders can rediscover their January mojo.
Source: https://dailyreckoning.com/its-do-or-die-for-the-bulls/