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Big Tech Earnings Disappoint; US Jobs Report Preview

Bloomberg Daybreak: US Edition

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Job Market Insights and Political Developments

This chapter provides an analysis of the upcoming jobs report amid a cooling labor market, with a focus on the implications for the Federal Reserve and investor sentiment. It also addresses disappointing earnings from major tech firms like Intel and Amazon, contrasting them with Apple's stable performance and optimistic outlook. Additionally, key political events are covered, including a notable prisoner swap orchestrated by President Biden, fundraising records for Vice President Kamala Harris, and recent incidents involving law enforcement in New York.

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