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Stocks Fall on Earnings, Surging Rates, and Higher Oil Prices

Stocks Fall on Earnings, Surging Rates, and Higher Oil Prices
US stocks are declining on soft earnings, rising rates, and as the risks grow for a potential widening of the Israel-Hamas conflict. Today’s round of earnings from Morgan Stanley, JB Hunt, and United Airlines told a story of a weakening economy that has rising costs drive a weakening profit outlook. Investors are scrambling into safety […] The post Stocks Fall on Earnings, Surging Rates, and Higher Oil Prices appeared first on Action Forex... Read More
Posted: Oct 19 2023, 07:06
Author Name: actionforex
Views: 082349

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