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Stocks Up Slightly on Prime Day Optimism Despite Macroeconomic Uncertainties

  • Bitcoin has remained rangebound between $30,000 and $31,000 as traders eye Wednesday's inflation report.
  • Amazon stock rises on Prime Day excitement while Microsoft announces job cuts.
  • Bond yields decline as traders debate the impact of potential Fed rate hikes on inflation.
  • Cathie Wood's ARK Innovation ETF rises for a third day, aided by the Nasdaq rebalancing.
  • Barron's highlights discounted stocks to buy amid the Prime Day sales event.
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