VWO - Asia Markets Mixed Europe Looking Up Crude Slides Below $85 While Gold Over 2K - Global Markets Today While Us Was Sleeping | Benzinga
On Friday, October 27th, U.S. stock markets closed mixed as investors analyzed a busy week of mixed earnings and data, while leaning towards the expectation of higher interest rates lingering.
In economic data, core PCE prices in the U.S. rose by 0.3% in September, with the annual inflation rate falling to 3.7%. Meanwhile, U.S. Michigan consumer sentiment increased to 63.8 in October from its preliminary level of 63.
The Nasdaq moved higher, primarily driven by the strength of technology and technology-related growth stocks, with notable contributions from Amazon.com (NASDAQ: AMZN), Apple (NASDAQ: AAPL), and Meta Platforms (NASDAQ: META).
The energy sector saw the ...