💨 Abstract

The U.S. Treasury yields and dollar fell on Friday, while the Dow Jones Industrial Average reached a record high, as a subdued U.S. inflation report boosted expectations of an outsized interest rate cut by the Federal Reserve in November. Global stock indices also hit record highs, led by China's stimulus measures, and European shares closed at an all-time high.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖