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On the SPOT blog (09/12/2022) [G..]

Nice calm day on the Wall Street today as investors look forward to the CPI report due tomorrow morning. I think that piece of the puzzle will bring a closure on predicting probability of rate hike magnitude at the conclusion of FOMC meeting on Sept 21st. Weak dollar and rising sentiment among consumers about inflation (given the fall in gas prices) might have resulted in a green close for all major indices. If you invest in US semiconductor sector then you might want to checkout trade restrictions related news (with respect to doing business with China) for advanced chip makers and related equipment makers.

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