Evening Market Recap - Monday, 6-July
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Description
US equities finished mostly lower, but came well off worst levels in the back half of Tuesday's session. SandP 500 broke a seven-day streak of gains while Nasdaq Composite was helped by some FANMAG strength. Big Treasury bull flattening move the day's big story, though there was nothing specific driving yields lower. China tech scrutiny a big area of focus with DiDi Global app ordered to be taken down from mobile app stores in China. Nothing particularly incremental in terms of fiscal or monetary policy over the holiday weekend.
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