Tag: Citi
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Treasury Yields Fall as Consumer Confidence Slips: What It Means for Markets
Overview: Yields Decline as Confidence Wavers The U.S. Treasury market kept its footing on a softer path as November data signaled a wobble in consumer confidence. The 10-year Treasury yield slipped below the 4% mark, a notable move that highlights the sensitivity of government debt prices to the ebb and flow of consumer sentiment and…
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Dow Jones Today: AI Demand Fuels Gains in Memory Stocks as Indexes Drop
AI Demand Boosts Memory Stocks as Markets Slip Wall Street faced a cautious session as the Dow and broader market pulled back, but a clear bright spot emerged: memory and data-storage players benefited from persistent demand tied to artificial intelligence. Micron Technology (MU) led Nasdaq gains on rising price targets and upgraded earnings estimates, while…