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Jobs Report Sell-off, Intel’s Half-Century Slump, Databricks CEO Exclusive 8/2/24

The Exchange

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Intro

This chapter explores the tumultuous market response to a disappointing July jobs report, marked by significant sell-offs in stock indices and falling bond yields. It also examines the repercussions for the tech sector, particularly Intel, and discusses potential Federal Reserve rate cuts prompted by rising unemployment rates.

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