After a strong week of rallying, equities pulled back from a ~two-month high driven by peaking Fed rates bets. Albeit the S&P 500 fluctuated near its key 4,400 mark, equities seemed rather directionless throughout today’s trading session. Futures started out rocky as the U.S debt rating cut by Moody’s last week bled into this morning to only trade sideways in today’s session. As we have a plethora of economic data and FOMC speakers on deck, all hands and eyes are glued for tomorrow’s US CPI pri…
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