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How Reddit’s S&P Inclusion and Retail Sales Data Set the Market Tone — Market Wrap Aug 14, 2026
Today's AI insights from 7horns.ai highlight a cautious market open with major U.S. indices holding steady after historic highs on Thursday. The S&P 500 hit an all-time peak at 7,798.99, buoyed by cooler-than-expected July producer price inflation which eased market concerns. Pre-market action shows a mixed but stable environment as traders await the pivotal July retail sales report at 8:30 AM ET, the key catalyst for today's direction. Notably, Reddit surged 10.4% in extended trading following news of its upcoming inclusion in the S&P 500 index. Workday rallied nearly 17% on buyout…
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