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US Market News Digest for October 23

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US-China trade tensions rattle investors once again

The US stock market is experiencing panic amid the renewed trade war with China and threats of new restrictions on technology exports.

The S&P 500 index declined despite strong corporate earnings, underscoring the adverse effect of political uncertainty and inflation expectations.

Analysts warn that further escalation of the conflict could lead to a decline in corporate profits and increased short-term volatility.

Follow the link for details.

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US indices fall as Europe advances

US stock indices extended losses: the S&P 500 fell by 0.53%, and the Nasdaq 100 lost 0.91%.

At the same time, European markets are showing gains thanks to strong corporate earnings and improving business sentiment.

The rise in oil prices, triggered by US sanctions against Russian producers, is adding pressure on the US market and may influence inflation forecasts.

Follow the link for details.

As a reminder, InstaForex offers the best conditions for trading stocks, indices, and derivatives, helping you profit effectively from market movements.

The material has been provided by InstaForex Company - www.instaforex.com
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