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S&P 500 Technical Analysis

S&P 500 Technical Analysis
Despite the threat of two more rate hikes this year, the S&P 500 keeps on finding strong bids as the market expects a soft landing for the economy. The labour market remains strong while the disinflation continues, and the latest US Consumer Confidence report surprised to the upside. The market is taking good news as good news and brushes aside any rate hike risk as long as the economy remains resilient. It’s a shortened trading week as the US stock market closes early today and remains closed t... Read More
Posted: Jul 3 2023, 07:04
Author Name: forexlive
Views: 081057

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