This morning (PST), all three major US indices are in the green perhaps resulting out of an overall +ve sentiment generated by news and quarterly results. Oil prices fell amidst what looks like a controlled Israel-Hamas war. Corporate earnings from consumer facing companies like MCD might also be helping. The focus this week will be on FOMC rate hike decision and Federal Reserve Chairman's commentary following the conclusion of the meeting on Wednesday. Employment report at the end of the week might also shed some more light on general state of the economy. One of the big tech (AAPL) is yet to report its results later in the week.
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