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S&P 500 futures jump 33 points

S&P 500 futures are up 33 points, or 0.75%Weak Nike earnings might have spooked a different market because it's a good bellwether for consumer spending on apparel but the broader market has shaken it off despite a 3% fall in NKE shares.Lower PCE inflation is the main driver for the last leg of equity gains as the market increasingly senses a soft landing in something of a goldilocks scenario.I've been noting for some time that the first two weeks of July are the strongest, seasonally, of the yea... Read More

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Posted: Jun 30 2023, 13:18

Author Name: forexlive

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