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EU mid-market update: Market circles ahead of key rate decision marathon, starting with Fed tomorrow; UAW strike contagion concerns. Notes/observation
Some soothing words from Federal Reserve officials calmed a jumpy first week of September for world markets, aggravated by geopolitical tech wars that saw Apple caught in the crosshairs. The world's most valuable company, whose stock is up more than 36% so this year, has recoiled more than 6% since Wednesday on reports China had ordered central government employees to stop using iPhones at work. Although the extent of the ban is still unclear, it wiped some $190 billion from Apple's market capitalization and dragged down major Wall St stock indices again on Thursday.
A look at the day ahead in U.S. and global markets from Mike Dolan Some soothing words from Federal Reserve officials calmed a jumpy first week of September for world markets,...
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