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After the Bell: Eighty-Five Dollars a Share
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AFTER THE BELL
Wednesday, August 19, 2026
On this day in 2004, Google let the market help set its own IPO price through an unconventional auction — and got treated as a novelty for it. Today the market got a reminder of its own: a single Treasury decision can rewrite the day's script by lunchtime.
THE SESSION
Stocks snapped a three-day losing streak after Treasury said it will double its long-bond buybacks. Yields fell, gold surged, and the whole rate-driven story from Tuesday started…
The skinny
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