Markets Rally as Yields and Oil Fall; Samsung Profit Plunges; IMF Cuts Eurozone Forecast; FTX Execs Allegedly Committed Fraud
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Markets rallied as Treasury yields fell and oil prices eased. Small-cap stocks rose more than the broader market.
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Samsung's Q3 operating profit expected to plunge 78.7% year-over-year due to weak semiconductor business.
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IMF hiked 2022 and 2023 U.S. growth forecasts but cut euro zone projections.
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Former Alameda Research head Ellison testified she and SBF committed fraud, took $14B from FTX customers.
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Billionaire investor Paul Tudor Jones thinks a 12% stock market slump likely when impending recession hits.
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