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On the SPOT™ blog (02/07/2024) [L..]

Writer: Salyl BhagwatSalyl Bhagwat

This morning (PST), all three major US indices are in the green. Earnings season continues to be reasonably good. Oil prices ticked up. Minneapolis Fed President commented that he expects 2-3 rate cuts this year based on current data. Regional banking sector is under pressure today after Moody's downgraded NYCB bank.

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