Of the 11 major sectors of the S&P 500, six ended the session higher, led by industrials. Communication services and utilities suffered the largest percentage losses.
While the report signaled the Fed's restrictive policy is beginning to have its intended economic dampening effect, it raised the odds that the central bank will move forward with another 25 basis point increase to the Fed funds target rate at the conclusion of its May policy meeting. Recent indicators suggest a softening but sturdy economy, one that can withstand hawkish Fed policy as the central bank works to bring inflation closer to its 2% annual target.
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💔yo💔
The market is just being propped up. The economy is dying
The markets are looking strong with upbeat economic data and upcoming earnings reports.
Btc pump
Higher than what? Misconception at its fullest
Bullish
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