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On the SPOT blog (08/23/2022) [F..]

Updated: Aug 30

Wall Street appears to be in a "wait-and-watch" mode as it awaits GDP (Thursday) and Federal Reserve Chairman's speech (Friday). At the moment, it appears as if investors are betting on Feds to assume an aggressive stance towards inflation. There was also some housing and business activity data that might have had an added effect for Dow and S&P to stick with red.

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