Market Report Sep 26 2023

On Monday, the major stock indices posted slight advances, though a deeper examination of the market revealed a more varied performance, mainly as long-term interest rates persisted in their upward trajectory. Nonetheless, these indices ended near their session peaks.

Equities began the session softer, influenced by the uptick in yields and lingering bearish momentum from the previous week. However, the situation rapidly improved as major indices rallied from their lowest points, buoyed by a turnaround in large-cap stocks.

Javid Shaik

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