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Nov. 6 Update: Markets See Post-Election Jitters

Goldman Sachs started notifying 3,200 employees that they have lost their jobs in a plan to cut 10 percent of the investment bank’s workforce. The Bank of England cut its benchmark rate by 1.5 percent to 3.0 percent, the biggest cut since March 1981. Wall Street also felt more tremors on Thursday, as futures were lower ahead of the market opening, as news on retail sales and increased long-term jobless claims fueled investors’ nagging thoughts of a deeper, longer recession than anticipated.”]

Source: https://www.cuinfosecurity.com/nov-6-update-markets-see-post-election-jitters-a-1047

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