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On the SPOT blog (01/04/2023) [A..]

Economic data conveyed mixed sentiments today. ISM reported drop in manufacturing in December but also seemed to show declining prices, number of job openings fell but only slightly in November. FOMC meeting minutes showed a notable comment that suggests that one should not read too much into the reduction in rate hike magnitude as it does not mean that Feds are seeing success in taming the inflation. These factors perhaps resulted in volatile day for stocks. All three major US indices did finally finish the day in green.

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