Worst October for stocks in 5 years has investors exiting market

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Wall Street’s “fear gauge,” the Cboe Volatility Index, held above 20 for a second consecutive week after staying below the threshold more than 100 days. Bond volatility gave investors more reason to worry as gyrations of more than 10 basis points on Wednesday and Thursday put further pressure on an earnings season where companies that miss estimates are getting whacked

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Japan’s Nikkei surges nearly 3% as AI stks extend rebound

Japan’s Nikkei index jumped nearly 3% on Tuesday as AI and semiconductor stocks recovered from Friday’s sharp selloff. SoftBank Group surged over 14%, leading the

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