A welcomed increase in Jobless claims this morning gave stocks a nice little tailwind to start the day. US Treasury rates and the dollar fell on the data as traders look for any dovish economic signals that will turn the Fed away from “higher for long”. It may just be a small data point, but it helped the S&P 500 to a nice 81% up day, leading to a close above 5200 for the first time in a month. The data wasn’t convincing enough to have traders move up their bets on the first rate cut from Novem…
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