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West Texas Intermediate crude oil rose 1.25% to $69.45 a barrel. Brent crude , the international benchmark, gained 1.07% to $72.97 a barrel. Gold increased by 0.53% to $2,732.5 an ounce.
US stocks rose Monday as investors await the Fed's interest rate decision on Wednesday. The Fed's final meeting of the year is expected to include a 25 basis points interest rate cut. Key economic ...
Earnings season mostly wrapped up this week, capped off by Nvidia's results. The dollar, meanwhile, continued to rise, hitting its highest level since 2022.
Technology stocks weighed on Wall Street on Tuesday, as investors grew cautious ahead of the Federal Reserve's interest rate decision this week following a stronger-than-expected retail sales reading.
The past week saw the Nasdaq Composite , the S&P 500 , and the Dow Jones Industrial Average all rise above 2% while the Dow Jones breached 37,000 for the first time. Inflation in focus
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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.
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