Market Report Oct 13 2023

In Thursday’s trading session, equity markets concluded in the negative territory, driven by heightened market rates following the latest CPI data.

As expected, there was an uptick in trading volume on the NYSE and the Nasdaq compared to the previous day.

Current market predictions assign a 12% probability of a 25 basis points increment in the funds rate at the upcoming FOMC meeting, concluding on November 1.

JPM will announce its earnings before the market open today.

Javid Shaik

Dynamic Trader Twitter
Dynamic Trader LinkedIn

Let's go trade!