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US equities slipped Wednesday in the face of weak economic data from China and the hawkish tone of the most recent Federal Reserve meeting minutes. The Dow Jones dropped 110 points, the S&P 500 edged down 0.2% while the Nasdaq ended practically flat. European equity markets also ended in negative territory, with the Euro Stoxx 50 Index retreating by 0.9% on the back of persistent evidence that tighter monetary policy from the ECB is having a greater impact on the European economy.
Summary for 06.07.2023
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