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US stocks were up on Friday as the market headed for a weekly gain. The US dollar, meanwhile, surged to its highest since November 2022. Earnings season has nearly concluded with 77% of S&P 500 ...
Core consumer prices rose more than expected, reducing chances of a 50 basis-point rate cut. Markets now expect an 85% chance of a quarter-point rate cut at the Fed's next meeting.
The final CPI release before the Fed's meeting is expected to be released at 8:30 a.m. ET on Wednesday. Wall Street economists expect headline inflation rose 2.7% annually in November, an increase ...
The report is likely to sway bets on whether the Federal Reserve will raise interest rates by 0.25% or 0.50% at the conclusion of its next meeting Feb. 1, while offering hints on how much higher ...
Much of the growth in the stock market this year was tied to the healthy returns of big tech companies, most notably the Magnificent Seven. Apple and Microsoft (), for instance, have risen around ...
U.S. stocks capped a choppy session higher Wednesday as investors pondered the outlook for interest rates after economic data showed strong consumer spending and an uptick in inflation across January.
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US stocks rose Friday, with the Dow Jones closing at a record high for the second day in a row. The S&P 500 and the Dow achieved a four-month win streak in August amid renewed hopes for a soft ...