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US equity markets mixed as investors digested the first major earnings of the third quarter reporting season, the latest developments in the US-China trade tensions and comments from Federal Reserve Chair Jerome Powell - Dow rose +203-points or +0.44% Walmart Inc rallied +4.98% to be the leading performer in the 30-stock index after the biggest brick-and-mortar retailer said it is partnering with OpenAI to allow customers to buy goods from Walmart through ChatGPT. Caterpillar Inc climbed +4.50%. Nvidia Corp (down -4.40%) was the weakest Dow component overnight. |
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