In spite of higher markets across the board after Friday's Jobs report showing a higher than expected unemployment rate set against fewer job losses and greater household earnings, US equities finished the week mostly lower with the S&P 500 (SPY) down some -1.3%. In fact, among the tracked ETFs, only Emerging Markets (EEM), Transports (IYT), Consumer Staples (XLP) and Precious Metals (DBP) were spared for the week.
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I do hope that you enjoyed your long weekend!
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