Evening Market Recap - Wednesday, 27-Nov
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US equities finished mostly lower in Wednesday trading, though ended off worst levels, with the Dow Jones, S&P500, and Nasdaq closing down 31bps, 38bps, and 60bps respectively. October core PCE was in-line, while October durable-goods orders were a bit below consensus. Second estimate of Q3 GDP was unchanged at 2.8%. October pending home sales were higher m/m vs expectations for a decline. Elsewhere, today's $44B auction of 7Y Treasury notes stopped through.
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