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US inflation rises more than expected in September Bank of America slips after lower Q3 profit Chip index falls for sixth straight session (Updates wtih market close) By Noel Randewich Oct 14 (Reuters) — Hotter-than-expected inflation data sent the Nasdaq to a sharply lower close on Wednesday, with worries about more i
(Updates with afternoon trading) US inflation rises more than expected in September Bank of America slips after lower Q3 profit S&P 500 -1.35%, Nasdaq -2.02%, Dow -0.51% By Noel Randewich and Purvi Agarwal Oct 14 (Reuters) — Hotter-than-expected inflation data sent Wall Street tumbling on Wednesday, with worries about
All three major US stock indexes red; Nasdaq off the most, down >1% Tech weakest S&P 500 sector; healthcare leads gainers Euro STOXX 600 index up ~0.5% Dollar rallies; US crude up ~1%; gold down ~1.5%; bitcoin down ~2% US 10-year Treasury yield rises to ~5.25% Welcome to the home for real-time coverage of markets broug
Commerzbank’s Volkmar Baur said a 25 bps SARB rate rise is fully priced in, but the rand could fall if the central bank raises rates on Wednesday without signaling further hikes.
Emerging market stocks rose on Monday, hitting a more than one-week high, as lower oil prices and gains in AI-related stocks boosted sentiment. MSCI's index tracking EM stocks rose 1.45%, lifted by Asian tech-heavy bourses in South Korea and Taiwan.
South Africa's central bank raises interest rates, boosting the rand. This move may attract foreign investors.