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SOTS 2nd Hour: ADP Jobs Breakdown, What it Means for Rates, & Vietnam Trade Deal Latest 7/2/25

Squawk on the Street

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Economic Challenges and Political Dynamics

This chapter explores Constellation Brands' stock performance amidst challenges in beer sales and consumer demand. It also covers the implications of recent political developments in New York City, focusing on the nomination of Zoran Mamdani and the concerns surrounding socialist policies. Additionally, the chapter discusses the effects of new trade deals, bank performance post-stress tests, and opportunities in the banking sector.

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