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Markets Have “Clash Of The Titans” Week Of Earnings, Good Jobs Report Results In Hawkish Tilt In Fed Expectations

Key Takeaways

  • The S&P 500 closed at 4,500.52 up from 4,431.85  last Friday. The VIX settled at $23.22 and despite fluctuations, the term structure appears to be normalizing. 
  • Thursday saw the largest drop in market-cap value when Meta missed expectations and gave weak guidance. Friday saw the largest-ever market-cap value gain for $AMZN. 
Jobs numbers came in far above expectations at 467,000. The months of November and December also had upward revisions of about 700,000 jobs in ...

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