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Writer's pictureSalyl Bhagwat

On the SPOT™ blog (09/18/2023) [S..]

All three major US indices are in slight green this morning (PST) amidst higher oil prices, rising treasury yields, ongoing negotiations to avoid government shutdown and continuing negotiations between UAW and Big Three Detroit automakers after UAW workers went on strike last week. One positive news item might have come from Treasury Secretary as she suggested no signs of economic downturn at the moment. We should get Federal Reserve Chairman's comments on Wednesday.

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