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● The S&P 500 counted 47 new 52-week highs, the most since July.
● It was the steepest one-day drop since June 5 and erased about $1 trillion.
● Nvidia's chief executive said demand for neoclouds is off the charts but capital is scarce.
● Jensen Huang said demand for capital far exceeds its availability for neocloud providers.
● NYSE advancers narrowly beat decliners 1.01 to 1, while Nasdaq decliners led 2,766 to 2,022.
● The 10-year yield posted its biggest one-day drop in more than a year.
● The Dow Jones Industrial Average ended up 11.89 points at 52,867.98.
● Core earnings of $2.00 a share beat forecasts of $1.89.
● Distributable earnings of $1.32 a share beat estimates of $1.26.
● Union Pacific reported record financial results and sees high-single-digit earnings growth.
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