Stocks Jump on Lower-Than-Expected Inflation; China's Economy Shows Mixed Results
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Prices were unchanged month-on-month in October, with headline CPI rising 3.2% year-on-year. Both were below expectations.
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U.S. stocks jumped on the cooler CPI report, with major indexes posting best day since April.
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Retail sales and industrial production in China beat forecasts in October. But real estate struggled, with investment down 9.3%.
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Japan's GDP shrank 2.1% in Q3, a larger contraction than expected and a reversal from Q2's growth.
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Berkshire Hathaway exited some stock positions, trimmed others, and asked to keep some holdings confidential.