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Market Midday: Stocks Lower, Bond Yields Higher, Mortgage Rates At Their Highest Since last Summer 1/8/25

CNBC Business News Update

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Economic Trends Amid Wildfires and Entertainment Highlights

This chapter analyzes the current economic downturn, focusing on manufacturing job losses and resilient job market indicators. It also addresses the impact of natural disasters and rising mortgage rates on demand, alongside cultural trends in entertainment.

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