Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 23, 2023.
But relief in Treasuries, the villain of the piece for several weeks, is probably the most significant marker for the remainder of the year.
And there were further soothing noises for world bonds, even if not for global growth, from surprisingly weak Chinese business surveys for October.
Overall, the picture pointed to another positive day for Wall Street stocks, with futures marginally positive ahead of the open as the Fed meeting gets underway.
They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons:
Brendan McDermid, Mike Dolan, Hubbell, Christina Fincher
Organizations:
New York Stock Exchange, REUTERS, Bank of, Federal Reserve, U.S . Treasury, Nikkei, Big Oil, BP, Wall, pharma, Pfizer, Caterpillar, General Motors, United Auto Workers, Detroit Three, Dallas Fed, Federal, AMD, Global, Franklin Resources, Equity, GE Healthcare, WEC Energy, Treasury, Reuters, Thomson
Locations:
New York City, U.S, Bank of Japan, Treasuries, California, Israel, Gaza, Europe, Chicago, Amgen, MSCI, Eaton, Franklin, AMETEK, Echolab