Equities rallied as yields retreated today in a continued pattern of light summer volume trading. Any and all eyes actually left at the screens after the bell today were focused on Nvidia (+3.2%) earnings with extra lofty expectations after the stock has rallied over 220% YTD as the posterchild for AI. The combination of lower yields and anticipation into the print had equities regaining some ground lost in the past few weeks. Today’s breadth proved decently strong with the S&P seeing a 78%…
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