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The SPX index was up by 0.88% due to profit-taking in large tech companies and a move towards sectors likely to benefit from potential lower interest rates. Additionally, the latest inflation data indicated a significant decrease, leading to market expectations of a likely Federal Reserve rate cut in September. The broader cryptocurrency market was mixed, with Bitcoin dropping by 0.03% and Ether rising by 0.61% in the past 24 hours.
Today's top performer is NEAR, which surged 8.5% following the release of NEAR Horizon’s AI Tech Showcase in collaboration with NEAR Protocol.