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Volatility ahead in the next few hours
• U.S. jobs data at 8:30 AM ET
• Supreme Court tariff ruling at 10:00 AM ET
Higher unemployment fuels recession concerns.
Stronger jobs data could delay rate cuts.
Adding to the mix, Trump has ordered $200B in mortgage bond purchases, a QE-like move aimed at easing mortgage rates, signaling fresh stimulus.
Markets are heading into a headline driven, high volatility Friday.