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Dow Drops as Treasury Yields Rise, Dollar Gains, and Gold Faces Pressure | Daily Market Analysis
Key events: Australia - RBA Interest Rate Decision (Oct) USA - JOLTs Job Openings (Aug) On Monday, the Dow Jones Industrial Average closed lower, largely driven by declines in the energy and utilities sectors. This decline coincided with a continued rise in Treasury yields, following the US government's last-minute funding measure to avert a shutdown and keep the government funded for the next 45 days.
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