Stocks to Watch in August

Stocks enter August halfway through second-quarter earnings season and amid a notable break with the dominant market trends of the last year and a half. Tech stocks, led by the Magnificent Seven, carried the S&P 500 to record highs in early July before a tame inflation report changed everything. The Mag Seven slipped into a correction later in the month as investors sold off tech stocks on fears of slowing growth, overbought conditions, and unsustainable spending on artificial intelligence. Meanwhile, the s ...