MARKET DAILY

Market 09/06: Disappointing Payroll Data After Multiple Revisions

Market Trusts and 0.25% FED Cut

Key highlights:

  • Job growth disappointing

  • Unemployment rate stabilizes at 4.2%

  • Average earnings rise slightly in August

  • Market believes in 0.25% FED cut

  • Warren Buffet continues to sell Bank of America

  • Broadcom: Sharp drop due to Q4 forecast cut

  • Market sell-off, SPX finds support at 5400

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