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China plans to expand the iPhone ban to government-backed agencies and state companies. GitLab CFO discusses earnings and AI partnership with Google Cloud. Deputy Director of the Center for Gun Violence Solutions discusses gun violence awareness and prevention.
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- China plans to expand iPhone ban to government-backed agencies and state companies
- BNY Mellon adopts a cautious approach, focusing on high-quality fixed income and resilient equity investments
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Market Action Reflects Cautious Sentiment
The market showed cautious sentiment today, with investors remaining vigilant amid concerns about the economic outlook. The summer saw a strong market performance, but sentiment has since normalized, and there is a pullback in August. The market is awaiting incoming data to confirm the soft landing narrative. The recent price action suggests that investors want to question the disinflation narrative, especially in light of the higher yields.
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