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● Distributable earnings of $1.32 a share beat estimates of $1.26.
● The Dow edged up 11.89 points to 52,867.98 while the Nasdaq Composite sank 694 points.
● Short leverage sits near its most extreme level of the past five years.
● Gold futures fell to about $4,060 an ounce, a two-month low.
● A separate figure showed net sales of $9.1 billion in US equities last week.
● Cybersecurity names including CrowdStrike, Palo Alto Networks, Zscaler and Cloudflare rallied.
● Lam Research reported record revenue of $8.22 billion and guided December-quarter revenue to $8.6 billion.
● About two of every three S&P 500 stocks rose on Thursday.
● Consumer staples had their best day since April 2025 and closed at a record.
● Procter & Gamble had its best day since March 26, 2020, after its results.
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