Volatile Markets Driven by Macroeconomic Data and Geopolitical Tensions

Financial markets had a volatile day as driven by mixed macroeconomic data and escalation of geopolitical tensions (Taliban attack in the Pakistani city of Peshawar, leaving 141 people dead). Stock markets fluctuated and moved with crude oil prices. Wall Street initially dropped on disappointing US factory and housing data but reversed the losses due to strength in oil stocks in the middle of the day.

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Volatile Markets Driven by Macroeconomic Data and Geopolitical Tensions