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Homebuilder stocks were mostly trading lower

| August 4, 2020 | 0 Comments

Overnight on Friday, the US jobs data came in better than expected. On Monday markets are expected to react to this along with the outcome of OPEC meet on Friday where it was decided to keep the production unchanged. Lower Shale gas production as well as Rigs data which fell for the 26th straight week, initially led a rally in Oil but the OPEC meet put a lid leading to a weekly loss.

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