Market Report Nov 10 2023

In Thursday's trading session, market dynamics exhibited a familiar pattern, with the major averages fluctuating within limited boundaries as investors anticipated Fed Chair Powell's discussion at the IMF panel. A surge in selling activity, triggered by the unfolding events, pressured the indices to conclude the session at their lowest points.

The retreat encompassed virtually all sectors, including the large-cap stocks that had previously supported the market's performance earlier in the week, but price action did align with the anticipated pullback discussed in the MaR webinar.

Javid Shaik

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