Commentary from Bob Doll, BlackRock's Vice Chairman and Chief Equity Strategist, For the Week of July 19

Stocks continued to rally in the early part of last week before embarking on a sharp sell-off that resulted in moderate losses. Overall, the Dow Jones Industrial Average lost 1.0% to close the week at 10,098, the S&P 500 Index fell 1.2% to 1,065 and the Nasdaq Composite declined 0.8% to 2,179.

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