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On the SPOT™ blog (05/30/2023) [C..]

Relatively calm reaction to the tentative deal reached in debt ceiling negotiations between President Biden and House Speaker McCarthy. Actual maneuvering to pass the bill before the June 5th should start tomorrow. NVIDIA appears to have touched the trillion dollar market cap while lifting rest of the semis sector. Home prices rise rate was less in March compared to February and Consumer confidence albeit reduced was still better than expectations. This morning (PST) Dow is in mild red while S&P and Nasdaq are in the green.

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