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Global Markets Largely Down, Gold Extends Streak as Fed Rate-Cut Hopes Grow
WSJยท 2025-10-17 08:36
Core Insights - The dollar, oil prices, and U.S. stock futures experienced a decline, indicating a shift in market sentiment [1] - Eurozone and Treasury yields also fell, reflecting growing hopes for a reduction in interest rates [1] - Sentiment regarding the U.S. credit sector weakened, contributing to the overall market downturn [1]