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CNBC Daily Open: September sell-off, October bounce? - TL;DR CNBC

CNBC Daily Open: September sell-off, October bounce?

Publishing timestamp: 2023-10-02 02:00:01


Summary

The article discusses the mixed performance of the stock market, the World Bank's downgrade of China's growth forecast, China's growing demand for commodities, the suspension of a government shutdown in the US, and the upcoming labor market data. It also mentions the oversold condition of stocks and the historical trend of October being a positive month for stocks.


Sentiment: MIXED

Tickers: .SPX.DJI.IXIC

Keywords: world banknasdaq compositebusiness newschinalabor economycommodity marketsasia economyeconomic eventsinflations&p 500 indexpersonnelworld marketsdow jones industrial averagemarketspolitics

Source: https://www.cnbc.com/2023/10/02/stock-markets-september-sell-off-october-bounce.html


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