NTD Business (Oct. 13): Investors Keeping Close Eye on Middle East; UAW: New Phase of Strikes

Don Ma
By Don Ma
October 13, 2023NTD Business

Wall Street’s main indexes closed lower on Thursday after a U.S. Treasury auction sent bond yields higher while investors were already digesting data that showed consumer prices rose more than anticipated in September.

Investors were also carefully monitoring developments in the Middle East. Gaza moved closer to a humanitarian catastrophe as the death toll rose and vital supplies ran low, while Israel massed tanks on the enclave’s border ahead of an anticipated ground invasion amid international calls for restraint.

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