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The 10-year Treasury bond jumped six basis points to 4.332%. PPI showed wholesale prices rose 0.4% last month, the Bureau of Labor Statistics said Thursday. The data came in higher than consensus ...
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.
The chipmaker's stock fell about 3% after China launched a probe into the company, investigating whether the company potentially violated anti-monpoly rules in its 2020 acquisition of chip design ...
On Wednesday, however, stocks fell once more, and resulted in the DJIA entering a bear market (i.e. 20% drop from the most recent peak) for the first time in 11 years, ending the longest bull market in American stock market history. [210] On 10 March, the Dow Jones Industrial Average, the NASDAQ Composite, and the S&P 500 all closed 4.9% up ...
Stock market news live updates: Stocks slide to end April with steep losses, S&P 500 drops 8.8% in worst month since March 2020
The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
The 2020 stock market crash was a major and sudden global stock market crash that began on 20 February 2020 and ended on 7 April. This market crash was due to the sudden outbreak of the global pandemic, COVID-19. The crash ended with a new deal that had a positive impact on the market. [48]
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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