Markets initially rallied on the as-expected US CPI report, with equities, bonds, and gold gaining on rate cut hopes. However, long-term Treasuries reversed as September cut bets lifted inflation expectations, pushing 10- and 30-year yields to session highs. Tech stocks slid on Nvidia and AMD’s China profit-sharing news, while the Dow Jones outperformed—here’s what the charts show.
12-08-2025 14:39 GMT
by Elior Manier