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Momentum Unwinds, AI Shockwaves and Oil Risk: Market Crosswinds Set Up a Volatile August
Published 2 weeks, 2 days ago
Description
A dramatic momentum unwind and a high‑profile AI fund collapse topped a day of extreme single‑name swings. Chip weakness sank July for the S&P 500 while an Iran tanker attack pushed oil higher — leaving traders watching breadth, flows and reopen catalysts on Monday.