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Data ReconThe Producer Price Index for final demand increased 0.1% month-over-month in November (Briefing.com consensus 0.0%) while the index for final demand, excluding food and energy, increased 0.3% (Briefing.com consensus +0.1%). The monthly reading left the index...
There was a big sell-off yesterday and then there was a big rebound. The former took the S&P 500 below its October low. The latter carried the S&P 500 back above its October low. The recovery rally was deemed to be a technical rebound from an oversold condition. No...
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