A sea of red for the third consecutive trading day as the Santa rally may have left the building. Rather uneventful on the news front, however geopolitical headlines out of the Middle East sounded ominous but oil managed to remain steady throughout today’s session. Rotation out of tech, a slew of data, and FOMC minutes were in focus. Fed minutes showed us the Fed still has a restrictive stance as they see policy rate near or at peak, and open to cuts 2H24. Further on the macro front, small miss…
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