On Thursday, October 13, the U.S. stock markets closed in red, affected by rising bond yields following a U.S. Treasury auction and data indicating a higher-than-expected increase in September consumer price.
The benchmark yield surged to 4.728%, reversing the declines observed over the last two days. U.S. inflation for September was 3.7%, slightly above the expected 3.6%.
Initial jobless claims for the week ended October 7 remained at 209,000, just below the anticipated 210,000.
The Dow Jones Industrial Average declined by 0.51% to 33,631.14, the S&P 500 decreased by 0.62% to 4,349.61, and the Nasdaq Composite slid 0.63% to 13,574.22.
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