November 10, 2023

Good Evening! On Friday, stocks saw a strong upward movement, ensuring another week of positive returns. This occurred shortly after an increase in bond rates and a more assertive stance from Federal Reserve Chair Jerome Powell, which ended the longest period of consecutive gains for the S&P 500 and Nasdaq in the last two years. …

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Good Evening! On Thursday, equities fell due to a surge in bond rates after a disappointing Treasury auction. This was further exacerbated by Fed Chair Jerome Powell’s speech, which had a hawkish tone about inflation. All three indices ended the day in the red, with the NASDAQ Composite showing the largest decline of 0.94%, the …

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