💨 Abstract

Global stocks rose with expectations for continued Federal Reserve interest rate cuts, as U.S. inflation and consumer confidence data showed cooling price pressures. The U.S. Producer Price Index remained unchanged in September, and the University of Michigan's consumer sentiment index dropped to 68.9 in October. stocks advanced, led by bank shares, with the Dow, S&P 500, and Nasdaq all posting gains.

Courtesy: theprint.in

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