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Stocks Mixed as Investors Digest Economic Data, Company Earnings, and Commodity Prices

  • Global dividends reached a record high in the second quarter, driven by strong payouts from banks.
  • Oil prices rose due to Hurricane Idalia's imminent landfall in Florida, threatening production.
  • Bitcoin saw a bump from Grayscale purchases but remains below key technical levels.
  • Some suggest hedging stock exposure as uncertainty persists in markets.
  • HP shares plunged after the company cut its earnings outlook, becoming the S&P 500's worst performer.
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