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Asia Mixed, Europe Slides, Crude Under $85 While Gold Hovers Around $2K – Global Markets Today While US Was Sleeping

On Tuesday, October 24, U.S. stock markets closed higher as investor sentiment improved due to favorable corporate earnings. Under economic data, the U.S. manufacturing PMI rose to 50 in October, beating expectations, while the Services PMI increased to 50.9 in the same month, compared to 50.1 in the previous month.

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Asia And Europe Markets Slide, Crude Oil Cools Off And Gold Hovers Around $2K – Global Markets Today While US Was Sleeping

On Friday, October 20, U.S. stock markets closed in red as investors worried about potential interest rate increases and the expanding Israel-Hamas conflict. All 11 S&P 500 sectors experienced declines, with technology and financials leading the downturn. The third-quarter U.S. earnings season is in full swing, with 86 S&P 500 companies having reported their results.

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