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On the SPOT™ blog (12/07/2023) [A..]

Writer: Salyl BhagwatSalyl Bhagwat

Last week's employment data showed that new unemployment claims rose slightly less than estimated and continuing jobless claims seem to have dipped. All eyes on tomorrow's jobs report that should provide further insight into the soft landing probability. This morning (PST), DJIA, S&P500 are in slight green and Nasdaq Composite is in green powered by Google (after the announcement of its Gemini AI model yesterday). AMD also unveiled its AI-chip to compete with Nvidia.

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