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Writer's pictureSalyl Bhagwat

On the SPOT™ blog (09/22/2023) [X..]

This morning's economic data about September US business activity published by S&P Global showed that services PMI dropped more than estimated and manufacturing PMI rose more than estimated. The change doesn't appear to be significant to enough to be a catalyst for investors. Markets appear to be adjusting to the anticipated longer tight fiscal policy. DJIA appears to be in the slight red and S&P500, Nasdaq Composite appear to be in the mild green this morning (PST).

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