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Gary Black: U.S. stocks edge higher on ASML earnings and guidance

Gary Black: U.S. stocks edge higher on ASML earnings and guidance
U.S. stocks gain after ASML results

U.S. stocks edged higher, with the S&P 500 up 0.2% and the Nasdaq 100 flat, on strong ASML earnings and guidance ahead of additional bank results and September CPI. Brent crude fell to $106, while the 10-year treasury yield slipped to 5.19%. Bitcoin rose to $83,600, and gold and silver moved lower, with ASML gaining 2.5%.

Gary Black is a managing partner and investor at The Future Fund.

Earlier this week, Brent crude slipped 1.5% to $105 after Saudi Arabia intercepted missiles, according to a recent report from Gary Black. He has also commented on corporate strategies, noting that Starbucks and Chipotle lack sufficient brand overlap for a successful merger in an earlier article. These updates add context to ongoing moves in equities and commodities.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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