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“When you have a shock day like yesterday, people are caught off guard, and there are a lot of adjustments going on below the surface. There tends to be a lot of volatility the day after a shock day, and over the next several days or weeks,” said Keith Lerner, chief market strategist at SunTrust Advisory Services in Atlanta. The selloff came as investors prepared for the start of U.S. quarterly earnings, with JPMorgan Chase (JPM.N), Wells Fargo (WFC.N) and Citigroup (C.N) due to report Friday.

The Dow Jones Industrial Average .DJI fell best dad black stainless steel cufflinks 545.91 points, or 2.13 percent, to 25,052.83, the S&P 500 .SPX lost 57.31 points, or 2.06 percent, to 2,728.37 and the Nasdaq Composite .IXIC dropped 92.99 points, or 1.25 percent, to 7,329.06, The pan-European FTSEurofirst 300 index .FTEU3 of leading regional shares lost 2 percent, U.S, Treasury yields fell to one-week lows as stocks sold off, A weaker-than-expected rise in U.S, inflation for September also added to Treasuries bullish tone, In late afternoon trading, U.S, 10-year note yields were at 3.146 percent US10YT=RR, down from 3.225 percent late on Wednesday, Earlier in the global session, 10-year yields hit a one-week low of 3.124 percent..

U.S. consumer prices rose less than analysts had forecast in September, reducing expectations the pace of inflation is accelerating despite a tightening labor market. Whether the lower reading will quell expectations the Federal Reserve will hike interest rates again in December remains to be seen, said Yousef Abbasi, global market strategist at INTL FCStone in New York. “The thing people are trying to hang their hat on is a cooler CPI read. That potentially gets us to rally,” Abbasi said.

The dollar fell to a near two-week low against a basket of currencies, The dollar index .DXY fell 0.52 percent, with the euro EUR= up best dad black stainless steel cufflinks 0.63 percent to $1.1591, Oil prices slumped to two-week lows as global stock markets fell, with investor sentiment made more bearish by an industry report showing U.S, crude inventories rising more than expected, Brent crude LCOc1 futures fell $2.83 to settle at $80.26 a barrel, while U.S, West Texas Intermediate (WTI) crude CLc1 futures fell $2.20 to settle at $70.97 a barrel..

TOKYO (Reuters) - Oil prices rose on Friday slightly reversing two days of declines in the previous sessions driven by sharp falls in equity markets and indications that supply concerns have been overblown, but were still on track for a weekly fall. Brent crude LCOc1 futures rose 33 cents, or 0.4 percent, to $80.59 a barrel by 0256 GMT. The contract fell 3.4 percent on Thursday, dropping to as low as $79.80, its weakest since Sept. 24. It is heading for a 4.2 percent decline this week, the first weekly drop in five.

U.S, West Texas Intermediate (WTI) crude CLc1 futures were up 26 cents, or 0.4 percent, at $71.23 a barrel, after falling 3 percent in the previous session to the lowest since Sept, 21, WTI is on track for a 4.2 percent decline this week, also the first weekly best dad black stainless steel cufflinks drop in five, Wall Street extended its slide into a sixth session and a global equity index fell to a 1-year low on Thursday as investors feared an escalating U.S, trade war with China and risks from a recent climb in interest rates, Japan’s Nikkei .225 was down 0.5 percent on Friday..

On the oil front, U.S. crude inventories USOILC=ECI rose by 6 million barrels last week, the Energy Information Administration said, more than double analysts’ expectations of a 2.6 million-barrel increase. [EIA/S]. The Organisation of the Petroleum Exporting Countries (OPEC) cut its forecast of global demand growth for oil next year for a third straight month, citing headwinds facing the broader economy from trade disputes and volatile emerging markets. OPEC sees the oil market as well supplied and is wary of creating a glut next year, the group’s secretary-general said on Thursday.

“We still estimate oil demand growing at 1.2 million to 1.5 million barrels per day for this year, and see the risk of a slowdown in 2019 if trade tension escalates,” ANZ Research analysts said in a report, In the U.S, Gulf of Mexico, producers had cut output by 40 best dad black stainless steel cufflinks percent on Thursday due to Hurricane Michael, according to the Bureau of Safety and Environmental Enforcement, even as some operators began returning crews to offshore platforms, The cuts represent 680,107 barrels per day of oil production, the bureau said, citing reports from 30 companies..



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