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Stocks rebounding despite higher-than-expected CPI

FxGain News Newsdesk · · reported by 1 source

Stocks rebounding despite higher-than-expected CPI

What we know so far

investingLive (Nov 10, 21:23): US stocks opened on the defensive after the stronger-than-expected CPI report pushed Treasury yields higher and reinforced expectations for tighter Fed policy. The Nasdaq indices took the early hit, but the tone changed as attention shifted to reports about Anthropic’s planned IPO. Both indices erased their opening losses and traded into positive territory.Anthropic is reportedly targeting November 18 for pricing,…

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