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Market Impact: 0.45
MarketBeat Week in Review – 08/31
Source: Nasdaq
Economic DataMonetary PolicyInterest Rates & Yields
Markets started September on a strong footing but drifted lower into the long holiday weekend. The pullback was attributed to a red-hot jobs report that some investors read as increasing the likelihood the Federal Reserve could raise rates at its September meeting. Net effect was a mildly negative, hawkish shift in rate expectations weighing on risk appetite.
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Overall Sentiment
mildly negative
Sentiment Score
-0.25
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