S&P 500 is trying to settle above the 4000 level as demand for stocks remains healthy despite stronger dollar and rising Treasury yields. The tech-heavy NASDAQ Composite moved above the 11,300 level.
Consumer Inflation Expectations increased from 5.4% in September to 5.9% in October, compared to analyst forecast of 5.3%. Interestingly, this report had no impact on market dynamics.
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