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Why This Analyst Thinks ‘Fed Pivot Trade’ Could Go Into Overdrive On Friday — It’s Linked To Sept Jobs Data

This week, the market has flattered only to deceive. After starting with two strong sessions, the momentum faded midweek as the data-dependent Federal Reserve kept traders on tenterhooks. Come Friday, traders would get to digest key economic data that could have a say on the central bank’s upcoming rate decisions for the year.

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US Stocks Could Pause For Breather After 2-Session Rally As Futures Slump; Twitter, Tesla, Ford On Investor Radar

Futures trading indicates that the two-day rally seen in the market may stall, as traders pause for a breather and harp on economic fundamentals. On Tuesday, the major U.S. averages gap-opened sharply higher. Consolidating the gains over the course of the sessions, each of them closed 2.8% or above.

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