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Market Brief 10 September, 2024
Good evening, investors and traders! The markets are showing signs of strength today, with the Nasdaq 100 Index (NDX) up by 0.94% to 18,835.7 and the S&P 500 Index (GSPC) gaining 0.45% to 5,495.54. Several key economic events are on the horizon, including the release of the US Consumer Price Index (CPI) report, which could influence the Federal Reserve's decision on interest rate cuts. The debate between Donald Trump and Kamala Harris is also expected to impact market sentiment, particularly in the cryptocurrency sector. Meanwhile, the FBI has issued a warning about a surge in crypto-related financial crimes, with losses exceeding $5.6 billion in 2023. Investors should remain vigilant and stay informed about these developments as they navigate the market.
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