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On the SPOT™ blog (05/18/2023) [T..]

Writer's picture: Salyl BhagwatSalyl Bhagwat

This morning (PST), Dow seems to be in the red while S&P and Nasdaq appear to be in the green. Mixed sentiments are perhaps driven by retail earnings, existing home sales data and commentary from Fed official suggesting that they would continue to be data-driven for rate hike decisions in the June FOMC meeting.

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