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Major US stock indices trading lower led by the NASDAQ index

The major US stock indices are moving lower led by the NASDAQ index which is trading down over 1.1%. Showing the expected retail sales (and industrial production) are sending yields higher. With the Fed decision upcoming on November 1, concerns that the Fed may go through with a 25 basis point hike is increasing. Nvidia shares are taking the brunt of the heat with a decline of -5.68% after the US government said that they would restrict some exports of their (and other) chips due to security con... Read More

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Major

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Lower

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Forex

Posted: Oct 17 2023, 13:38

Author Name: forexlive

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