Here are the most important news items that investors need to start their trading day:For a while it looked hopeful U.S. stock markets had fallen as far as they could this year. Since June, stocks had been chugging back. Now we're in the early days of fall, and the S&P 500 is coming off a fresh 2022 low Tuesday. There could be more selling to come, as well.
Analysts expect the Bank of England may need to raise interest rates more aggressively following market turbulence on Monday morning.The Bank of England is intervening in the market chaos unleashed by the new UK government's tax-cut-heavy economic plan.that it would hold off on its plans to start selling bonds, also known as gilts in the UK, and start a temporary program of buying longer-term debt.
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