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Continuous Treasurys rose on Monday following a hopeful $16 billion auction of 20-year Treasury notes, an event that investors had previously ignored but had begun to actively scrutinize in recent months due to rising Treasury rates.

At lunchtime, US markets soared after consumer inflation came in lower than predicted, increasing hopes that the Fed will not raise interest rates further to drive down prices. Bond yields fell as a result of the news. The S&P 500 and Nasdaq rose roughly 2%, while the Dow rose 1.5%.

Arm Holdings (ARM) handily topped predictions for its fiscal second quarter on Wednesday but fell short of its forecast for the current quarter. In extended trade, the price of arms decreased.

Coca-Cola (KO) surpassed expectations on both the top and bottom lines in the third quarter, as customers increased their purchases of soft drinks and other beverages despite price increases by the corporation.

Amazon announced Wednesday the deployment of a new robotic system that would speed up delivery in preparation for this year's holiday shopping season.

Wednesday, the Swedish finance business Klarna introduced a new AI-powered picture identification tool to enhance consumers' buying experiences, competing with major tech firms like Google (GOOGL) and Amazon (AMZN) who have recently introduced comparable products.

Chinese EV sales increased in September, highlighting a thriving sector that has remained stable despite the country's recent economic troubles.

Bond yields, which move in the opposite direction of prices, have risen since the Fed started increasing interest rates in March of last year. Because bond ETFs closely follow bond prices, several have dropped precipitously as rates have risen.

Inflation may damper fixed-income assets by diminishing their buying power and reducing their actual returns over time. This occurs even when the inflation rate is modest. If your portfolio returns 9% and the inflation rate is 3%, your actual returns are around 6%.