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Asia And European Markets Slide Post US Inflation Data, Crude Jumps 3% While Gold Surpasses $1,900 – Global Markets Today While US Was Sleeping

On Thursday, October 13, the U.S. stock markets closed in red, affected by rising bond yields following a U.S. Treasury auction and data indicating a higher-than-expected increase in September consumer price. The benchmark yield surged to 4.728%, reversing the declines observed over the last two days. U.S. inflation for September was 3.7%, slightly above the expected 3.6%. 

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Asia Markets Rally, Europe Rises Amid UK’s Mild Recovery, Gold Shines Near $1,900 – Global Markets Today While US Was Sleeping

On Wednesday, October 11, the U.S. stock markets closed in the green, marking a four-day winning streak. Investors are keenly awaiting the consumer inflation data for September, a critical factor that could influence the Federal Reserve’s impending decision on whether to increase or decrease interest rates.

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Dow Surges Over 100 Points; US Producer Prices Rise In September

U.S. stocks traded higher this morning, with the Dow Jones gaining more than 100 points on Wednesday. Following the market opening Wednesday, the Dow traded up 0.39% to 33,869.26 while the NASDAQ rose 0.60% to 13,644.43. The S&P 500 also rose, gaining, 0.41% to 4,376.26.

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Asia Rises, Europe Markets Mixed, While Crude Hovers Around $85 Amid Israel-Hamas Conflict – Global Markets Today While US Was Sleeping

On Tuesday, October 10, U.S. stock markets closed higher, driven by declining yields across various maturities, including a drop in the 10-year yield to 4.652%. The majority of the S&P 500 sectors ended positive, with utilities, materials, consumer discretionary, and consumer staples leading the gains. In contrast, energy stocks slightly declined.

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