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Looking for deeper insight on markets? In tonight’s Closer sent to Bespoke Institutional clients, we take a look at the performance of the S&P 500 after stripping out the effects of the FAANG stocks. We also review Amazon earnings before moving on to a review of economic data released today: manufacturing new orders, shipments, and inventories, preliminary trade data, manufacturing activity in the KC Fed district, quarterly homeownership and household formation data, and quarterly gross job creation by type of establishment.
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