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Here's what else happened today: Disney said it will appoint Bob Iger's successor as CEO by early 2026. Goldman Sachs said investors should prepare for a decade of muted returns in the stock market.
US stocks fell Tuesday morning, setting Wall Street up for a downbeat start to 2024 after a winning year that left the S&P 500 just short of a new record high.
The S&P 500 had its worst day on Wednesday since mid-December, failing to hold the 200-day moving average, according to the US Market Intelligence team at JP Morgan. Wall Street navigated another ...
U.S. equities extended a rout Monday after stocks booked consecutive weekly losses for the first time since late September. The S&P 500 slid 0.9%, while the Dow Jones Industrial Average declined ...
In corporate news, Twitter Blue is due to relaunch Monday with a nearly 30% surcharge for iPhone owners. The service still costs $8 per month, but will be $11 for those who purchase the services ...
The policy-setting Federal Open Market Committee kicks off its September meeting today and is expected to deal a third-straight 75-basis-point increase to its benchmark interest rate at the ...
Bloomberg Radio is a radio service of Bloomberg L.P. that provides global business news programming 24 hours a day. The format is general and financial news, offering local, national and international news reports along with financial market updates and interviews with corporate executives, economists and industry analysts. [1]
In the United States, the bond market remained open until its recommended closure at 2 p.m. Eastern time. Yields held relatively steady following a strong recent run that has rattled the stock market.