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Yields Rise, Tech Falls: October 23 Market Dive Explained
Episode 723rd October 2024 • Market Deep Dive • Market Deep Dive
00:00:00 00:14:00

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In this episode of Market Deep Dive, we analyze the factors behind the sharp decline in the stock market on October 23, 2024. We dive into the rising Treasury yields and the strengthening dollar that weighed heavily on the tech sector, causing significant losses. The episode also explores individual company performances influenced by earnings reports, analyst ratings, and broader economic news. With a look ahead at upcoming economic data releases, such as the Purchasing Managers' Index and housing figures, we discuss how these indicators might shape market trends in the week ahead. Tune in for a comprehensive breakdown of the key factors affecting the markets.

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