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On the SPOT™ blog (06/08/2023) [B..]

This morning all three major US indices seem to be in light green. Weekly jobs data showed that last week jobless claims went up. This data point perhaps indicates that Feds moves are working although the numbers might have popped in handful of pockets in the country. Interesting position for FOMC meeting next week. Markets seem relatively clam after the finish of majority of the earnings results as investors look towards inflation data and rate hike decision for next week.

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