Stocks Slump on Strong Jobs Report, “Fedspeak” and Rate Hikes, the Future for Meta's "Threads" 7/6/23
Squawk on the Street
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ISM Services in Jolts at the Top of the Hour
US services PMI rises to 54.4 and it remains the fifth consecutive month above 50 in expansion territory. We see that interest rates are toying with some cycle high yield closes. Take a look at the pre-market, the actual market down 343. Only one gainer and that is Microsoft.
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Transcript
