Market Notes for 9/5-9/8
Recap of last week: Equities moved higher this week as labor market data, mainly Jolts on Wednesday supported expectations for the Federal Reserve to keep interest rates unchanged at their next policy meeting in September. We highlighted that last week that there will likely be a rally to 4500+ because premium sellers will be out in full force into a big holiday weekend, this is exactly what happened just a little earlier than expected as the market slashed through 4500+ on Wednesday then remained sideways the rest of the week.
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