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US stocks mixed as Fed hikes for first time since 2023; long-end yields hit multi-year highs
Anadolu Agency EN·US·1 day ago
US equities declined for a second session, but losses were cushioned by falling oil prices and growing market expectations that the Fed will hold rates steady in November. The shift in rate expectations follows recent Fed communication, though the exact path remains data-dependent. This matters as it reduces near-term tightening risk, supporting risk appetite despite the equity pullback.
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