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On the SPOT™ blog (06/26/2023) [L..]

Writer: Salyl BhagwatSalyl Bhagwat

Markets appear to be in the vigilant mode this morning (PST) because of the geopolitics and macroeconomic environment. The events in Russia over the weekend and impact of global central banks' moves to curb inflation appears to have made the investors pause and wait for the slew of economic data due later this week. There was also news about Alphabet getting downgrade from UBS and Tesla getting downgrade from Goldman Sachs that might be weighing on Nasdaq. Dow seems to be in mild green, while S&P is in mild red.

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