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What is J.P. Morgan Weekly Market Recap about?

The weekly market recap highlights a slight increase in major U.S. equity indices, with the S&P 500 rising 0.64% and the Dow Jones 30 increasing by 0.59%. Consumer confidence has dropped to 98.7, while PCE inflation rates have risen to 2.2% and 2.7% year-over-year. The yield curve has normalized after a period of inversion, indicating a potential easing of recession fears, supported by resilient consumer spending.

Author

cloudytsoeu

Language

EN