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Story summary
- Nasdaq-100 Index hit an all-time high, surpassing the June record.
- Meta Platforms launched the Muse agent, boosting demand across AI supply chains.
- Oil prices fell below US$100 a barrel, easing inflationary pressure.
- AI stocks reversed earlier declines caused by inflation fears and safety-concern calls.
- China’s Star Market 50 Index rebounded after July sell-offs.