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Here's what else happened today: The Fed won't cut rates at all in 2025 , Deutsche Bank says. The area of the stock market investors should avoid next year , according to Wells Fargo.
Stock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000. STAN CHOE. Updated December 11, 2024 at 4:20 PM. People gather in front of the New York Stock Exchange in New ...
The Dow managed to narrowly snap a 10-day losing streak, giving up most of its earlier gains to end slightly higher after Wednesday's 1,100-point drop.
The 30-stock index outpaced its peers in November with a 7.5% surge, capped off by a 0.4% jump Friday that took it close to 44,910 points. For the year, it's up by a more modest 19.2%.
The labor market, on the other hand, appears to be a smaller source of stress for the Fed, but Powell said it's "prepared to adjust the pace and destination" of easing as the jobs data evolves.
Friday was an abbreviated trading day, with stocks closing at 1 p.m. ET and the bond market an hour later. Stock market today: S&P 500 and Dow post gains and close out best month of 2024 Skip to ...
Tesla stock surged 7% to hit a $1 trillion market cap on Friday for the first time since April 2022. Traders betting against clean-energy stocks have made $1.3 billion since Trump's election win.
The bond market sold off Monday in response, and the 10-year Treasury yield jumped 11 basis points to hover at 4.2% on Tuesday. On Tuesday. That marks the key bond yield's highest level in three ...
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