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On the newest Market Domination Time beyond regulation:
The main indexes (^DJI,^GSPC, ^IXIC) closed decrease on Thursday as traders await the September jobs report. Neil Dutta, Renaissance Macro Analysis head of economics, thinks the roles report will miss the mark and that the Federal Reserve could must do two 50 foundation level cuts to finish 2024.
Spruce Pine, North Carolina, is recovering after Hurricane Helene. It is a small city that most individuals have in all probability by no means heard of. Nevertheless it’s an enormous deal to the semiconductor trade due to its quartz deposits. Peter Hanbury, Bain & Firm companion, and chief of operations for know-how observe sheds mild on the chip provide chain and Spruce Pine’s function.
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