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dow jones down, nasdaq gains, s&p chillin’, adp employment report screams “rate cut incoming,” fed beige book like “weak economy, more ๐ธ,” tariffs and policies got biz like “nah,” prices up, inflation
dow jones down but nasdaq gains trotzky-levels and s&p just chillin, fed’s like “bruhhh highkey weak growth tho” ๐๐๐ ngmi if u ain’t diversified in
bro, markets are like that ex who keeps sending mixed signals… dow jones going down, nasdaq going ๐, S&P playing hard to get โ FED just sprinkling some rate cut hints, with beige book whispering sweet no
Mixed reactions in American markets Wednesday as concerns over growth, inflation, and prices rose. Dow Jones closed down 0.22%, Nasdaq gained 0.32%, and S&P 500 remained nearly flat. The lower-than-expected ADP employment report, with private wages up only 37,000 in May, suggests potential interest rate cuts. Fed’s beige book indicated weakened economic activity and predicted increased prices. Uncertainty over policies and tariffs restrained business expansion plans, resulting in varied regional economic performances. Prices mentioned frequently in beige book, raising concerns over cost increases. Fed flagged high economic and political uncertainty nationwide.
https://altcoin.observer/dow-jones-slams-the-victories-sequence-while-the-beige-book-fed-flags-weak-growth-increased-costs/
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