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FX.co ★ US Market News Digest for October 24

US Market News Digest for October 24

 US Market News Digest for October 24

Investor optimism supports market

Investors are maintaining a positive outlook on the market despite ongoing risks, including the potential escalation of trade conflicts with China.

Strong corporate earnings reports and improving macroeconomic indicators are reinforcing hopes for a recovery in the S&P 500 index following a period of volatility.

Experts note that if the current pace of corporate profit growth continues, the market may resume its trajectory toward new highs.

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 US Market News Digest for October 24

Market rises on expectations of US-China talks

US stock indices ended the day higher amid growing anticipation of talks between Donald Trump and Xi Jinping, which eased concerns over a potential trade war.

Investors are reacting positively to news suggesting a possible relaxation of tariff restrictions, which supports risk appetite.

However, the upcoming release of fresh inflation data could adjust expectations regarding the Federal Reserve's next policy steps.

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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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