This past week in the markets was a thrilling ride. Kicking off with a cautious tone on Monday and culminating in tight-range trading by Friday, it was a week characterized by a diverse array of responses to economic indicators, corporate earnings, and geopolitical developments.
The pivotal factors shaping the week’s direction were the market’s reaction to the Consumer Price Index (CPI) data and the anticipation of the Federal Reserve potentially hitting the brakes on interest rate hikes.
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