Although the market raised the price of interest rate hikes to close to 90% at the Federal Reserve's next FOMC monetary policy meeting (September policy meeting held this week), the S&P 500 index and the Nasdaq Composite Index closed up 0.86% and 0.96% respectively with strong resilience last Friday. Among them, the decline in oil prices driven by news of the easing of geopolitical conflicts in the Middle East provided important support.

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