‼️ BREAKING: The Nasdaq is falling primarily because of a sharp sell-off in Nvidia and the wider AI trade—not a broad-based collapse across US stocks. The Nasdaq Composite was down 441.78 points, or 1.74%, at 11:23 a.m. New York time on November 13, extending beyond the 300-point decline
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‼️ BREAKING: October PPI Inflation rises to 6.5%, its highest level since November 2022. Core PPI Inflation was 5.0%, in-line with expectations of 5.0%. CPI, PPI, and PCE inflation continue to push higher in the US.
‼️ BREAKING: Benchmark 10-year gilts are on course for their first weekly drop in five, with yields up 17 basis points, heading for their worst week since September. The shorter-dated and most interest rate-sensitive yield has risen 21 basis points.