After the best quarter for U.S. stocks since 2020, the S&P 500 and Nasdaq started Q3 on the back foot as stronger labor data pushed rate-cut expectations further out. All eyes are on Fed Chair Warsh speaking at the ECB forum in Portugal, plus Friday's nonfarm payrolls print that could reshape the July rate-cut narrative. Communications and financials held up better than tech on the session. Not financial advice. Do you think the Fed cuts in July or are we waiting until September?
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