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July 17, 2024


Wall Street was mostly red as investors rotated out of tech stocks. The S&P500 index and the NASDAQ dropped 79 and 512 points, respectively. The Dow, on the other hand, gained over 243 points on the session.



Our traders used the S&P's weakness to open a bearish position. It expired at the close for a profit of 3.1%! Enjoy the rest of your week!