US Stocks End July: Q2 GDP Beats but Inflation Concerns Emerge; Dow Hits Record, Nasdaq Under Pressure
On July 30, 2026, US Q2 GDP initial reading beat expectations, but a rebound in core PCE prices sparked inflation concerns. The three major indexes diverged, with the Dow closing at a record high and the Nasdaq falling on mixed tech earnings. This article analyzes the market logic and sector rotation trends behind the data.
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