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Robert Shiller Cape

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FORECASTSAUG 1, 2026
S&P 500 and Dow Outlook: Microsoft Rally Fuels Bulls as Tariff and Yield Risks Build
Microsoft’s strong outlook and renewed confidence in artificial intelligence spending helped lift Wall Street, supporting weekly gains in the S&P 500 and Dow Jones. Yet tariff uncertainty, elevated Treasury yield risks and stretched valuation indicators may keep the path higher uneven.