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How Reddit’s S&P Inclusion Lifted Its Shares Amid Market Pullback on Weak Retail Sales — Market Wrap Aug 14, 2026
Today's AI insights from 7horns.ai reveal a cautious market as the S&P 500 slipped 0.17% and the Nasdaq dropped 0.88% following a softer-than-expected July retail sales report, which declined 0.6%. Despite minor declines, the S&P 500 and Nasdaq secured their third consecutive weekly gains. The Dow fell 0.20%, while the small-cap Russell 2000 bucked the trend, rising 0.5%. Megacap stocks showed mixed activity with Amazon down 0.94% and Meta shedding 0.86%, while Tesla gained 0.68%. The standout performer was Reddit, which surged 12.55% after news of its upcoming inclusion in the S&P 500 next…
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