Wall Street is a place where people buy and sell stocks, which are small pieces of companies. Sometimes, people can make a lot of money if they buy stocks when the price is low and sell them when the price is high. Other times, they can lose money if the price goes down.

On Friday, August 9, 2024, Wall Street was not doing as well as it did on Thursday. This was because people were not as excited to buy stocks as they were the day before. Some people were also buying things called "bonds", which are like loans to the government. When more people buy bonds, it can make the prices of other things go down.

Some companies, like Palantir and Eli Lilly, did well and their stock prices went up. Others, like Cisco and Yelp, did not do so well and their stock prices went down.

Some people were also buying and selling a thing called "Bitcoin", which is a type of digital money. The price of Bitcoin went up and down a lot on Friday. Read from source...

- The article title implies that Wall Street's momentum stalled after Thursday's rally, but the market was already in a momentum state before that day.
- The article uses the term "cooled off," which suggests a negative connotation, while the market was still up on Friday.
- The article claims that long-dated U.S. Treasury bonds saw renewed demand, pushing yields down by 6 basis points, but it does not provide any data or sources to back up this claim.
- The article mentions that Bitcoin plunged 2% after rallying nearly 12%, but it does not explain the reason for this drop or provide any context or analysis.
- The article's tone is generally negative and focuses on the slowdown in bullish sentiment, rather than highlighting the positive aspects of the market performance.

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Article's Main Points:
- Wall Street's price action turned sluggish on Friday after the S&P 500's strongest session in nearly two years on Thursday.
- Long-dated U.S. Treasury bonds saw renewed demand, pushing yields down by 6 basis points.
- Palantir jumped to a 3-year high, while Eli Lilly & Co. surged over 6% after several investment banks raised their price targets.
- Stocks reacting to company earnings include Akamai Technologies, CarGurus, Dropbox, elf Beauty, Evergy, Expedia Group, Five9, Gilead Sciences, Insulet Corporation, New Fortress Energy, Paramount Global, Take-Two Interactive Software, Trade Desk, Unity Software, and Yelp.