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Market Brief 22 October, 2024
Good evening, investors and traders! The markets are showing mixed signals today, with the Nasdaq 100 Index (NDX) up by 0.12% to 20,392.85, while the S&P 500 Index (GSPC) is down by -0.04% to 5,852.35. Several key economic events are taking place, including speeches from ECB officials and interest rate decisions from the MNB and PBoC. The crypto market is also experiencing volatility, with several tokens experiencing price changes due to hard forks, token unlocks, and migrations. Investors are closely watching the upcoming earnings reports from major companies, including General Motors, 3M, and Verizon, as these could significantly impact the market. The global economic outlook remains uncertain, with concerns about inflation, interest rates, and geopolitical tensions weighing on investor sentiment.
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