[U.S. stocks decline, Nasdaq drops 1.8%]
On November 13, U.S. stocks continued their downward trend, with the S&P 500 index falling 1.1%, the Dow Jones Industrial Average dropping 0.69%, and the Nasdaq declining 1.8%.
[Citigroup: Weak labor market data may prompt the Fed to cut rates three times in the future]
Citigroup economists stated that despite the government shutdown affecting data collection, October CPI and employment data may still be released in the coming days. Statistical agencies can supplement data through retrospective questions and estimation methods, but the October CPI data may be 'less accurate than usual.' Citigroup expects labor market data to remain weak, which could prompt the Federal Reserve to cut rates in December, January, and March.
[7,000 ETH Transferred to Binance, Valued at Approximately $23.92 Million]
According to Arkham data monitoring, at around 23:29 (UTC+8), an anonymous address (starting with 0xB398...) transferred 7,000 ETH to Binance, with a transaction amount of approximately $23.92 million.
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[Federal Reserve's Daly: Service Sector Inflation Has Not Shown a Stable Downward Trend]
Federal Reserve's Daly stated that service sector inflation has not been declining at a stable pace.