August 1, 2019
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1:10Now PlayingU.S. equity markets hit record highs in July, with the S&P 500 closing above 3,000 points for the first time in history. However, the surge came in the face of weakening global growth and escalating trade tensions. The Fed’s interest-rate cut on Wednesday may help keep markets steady, but for the U.S. economy to maintain its strong footing, there needs to be a turnaround in global growth. Insights via @CMEGroup
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