Japanese stocks declined by over 1% and bond yields rose in anticipation of the Bank of Japan’s interest rate decision. Meanwhile, tech stocks experienced a downturn, and Nvidia’s market value plummeted. Oil prices increased following a report on US crude stockpile drawdowns. Market watchers also looked ahead to potential Fed rate cuts predicted by Goldman Sachs for later this year.
Oil Price Today (November 10): Crude oil falls below $92 as Trump says Iran war is effectively over. What lies ahead?
Crude oil price: Brent crude futures fell 81 cents, or 0.88%, to drop below $92 a barrel. US West Texas Intermediate (WTI) crude futures slipped