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US Markets on track from winning August as consumer data dampens outlook

US Markets on track from winning August as consumer data dampens outlook

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12:05pm: Weakened consumer sentiment weighs on end of month rally Two of the major US benchmarks held in the green at midday despite data confirming consumer confidence is waning with surging coronavirus (COVID-19) cases and concern over inflation mounting. After marking a new high a day prior, the S&P 500 was up 0.334 points to 4,529 at lunch time.

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