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Wall Street follows European stocks lower despite US economy growing 2.8% in third quarter


🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
The personal consumption expenditures price index, released this afternoon, is the Federal Reserve's preferred measure of inflation in the American economy.
The article from Yahoo News Malaysia discusses the latest developments in global financial markets, focusing on the FTSE 100 and Wall Street. It highlights the ongoing trade tensions between the U.S. and China, with former President Donald Trump's comments on tariffs and trade policies still influencing market sentiments. The FTSE 100 experienced fluctuations due to these geopolitical concerns, alongside other factors like Brexit uncertainties and economic data releases. Wall Street also showed mixed reactions with investors digesting corporate earnings, economic indicators, and the Federal Reserve's stance on interest rates. The piece also touches on how these international trade disputes are affecting global stock markets, with specific mentions of sectors like technology and manufacturing feeling the brunt of potential tariff impositions. Additionally, there are brief mentions of other economic news, including oil prices, currency movements, and reactions to economic forecasts.
Read the Full Yahoo Malaysia Article at [ https://malaysia.news.yahoo.com/live/ftse-100-live-stock-markets-wall-street-trump-tariffs-091830412.html ]
Read the Full Yahoo Malaysia Article at [ https://malaysia.news.yahoo.com/live/ftse-100-live-stock-markets-wall-street-trump-tariffs-091830412.html ]