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“The market was let down by the January decision … then had to significantly reprice their expectation for rate cuts and 2024 – all of that was priced in heading into the Fed minutes,” said Joel Kruger, market strategist at LMAX Group, told CNBC. “The balance of risk was tilted tow...
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In today's market environment of precipitation appeared. Sensex & Nifty green today after many days closed. The Sensex closed at 26631.29 up 138.78 points, while nifty index at 7975.50 gained 42.60 points.The BSE Sensex index was closed up...Today ...
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The bad jobs news was good news for the stock market Friday because investors believe the disappointing numbers all but guarantee a rate cut by the Federal Reserve in the not-so-distant future. But financial stocks did not take part in the rally. JPMorgan Chase (JPM) and Goldman Sachs (GS...