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Closing Bell: Jobs Report & Energy Markets 8/2/24

Closing Bell

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Market Downturns: Financials and Amazon's Struggles

This chapter delves into the sharp downturn in the financial sector, particularly due to losses at major banks like Citigroup and Wells Fargo, while also examining challenges faced by Amazon. The discussion includes potential shifts in Federal Reserve policy and their impact on different market sectors, providing valuable insights for investors.

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