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US Markets Pulled Back on July 19, Sentiment Weakened

US Markets Pulled Back on July 19, Sentiment Weakened

The S&P 500 closed at a 5.5-month high price level on Wednesday and clocked the second consecutive daily gain. On Thursday, nine out of 11 major S&P 500 sectors closed the day lower. The release of stronger-than-expected earnings reports boosted the S&P 500 on Wednesday.