Market Minute by Future Standard

CPI remains stubborn—October 14, 2024


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As of October 14, 2024, U.S. stock indices have hit record highs despite rising 10-year Treasury yields, with notable gains from Nvidia and JPMorgan. Globally, Chinese stocks and the yen have fluctuated due to macroeconomic factors. In fixed income, bond yields increased following the Fed's September rate cut. Commodity prices, including crude oil and gold, remained stable amid recent global events. The economic overview highlights a slight inflation drop with key drivers outside rent, and an increase in jobless claims attributed to Hurricane Helene impacts. The University of Michigan consumer sentiment index dipped to 68.9.

A weekly recap of equities, fixed income, commodities, and macroeconomic analysis from the FS Investments research team.

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Market Minute by Future StandardBy FS Investments

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