Global Bond Market Sell-Off and Strong GM Earnings Boost Market Sentiment

Reported about 1 month ago

The global bond market is undergoing a sell-off as investors reassess the Federal Reserve's potential rate cuts, which follows a warning from Citi about the S&P 500's risks. Conversely, General Motors reported strong Q3 earnings that exceeded expectations, raising its guidance for the third time this year, which provided some relief to Wall Street amid the broader market pressures.

Source: YAHOO

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