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Here's why tomorrow could be a big day for the stock market. Economic data over the coming months could play a big role in determining how the market performs in the near term and in 2025.
Donald Trump rang the opening bell at the New York Stock Exchange on Thursday. One of Wall Street's biggest bulls sees the S&P 500 soaring 16% early next year before a sharp sell-off in the 2nd half
That puts the stock market in a precarious position. Expectations regarding rate cuts could change based on an important economic data point that will be published on Wednesday, Nov. 27.
Indexes fell on Thursday after wholesale prices rose by more than expected last month. The producer price index show prices rose 0.4% in November, higher than consensus estimates of 0.2%.
Stocks fell for a second day this week as investors brace for Wednesday's CPI report. An inflation surprise could sway the Fed's interest rate decision next week. Google rose as much as 6% after ...
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 ...
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 ...
In the oil market, crude prices plunged more than 6%, representing the biggest one-day decline since September 2022 after Israel's attack against Iran over the weekend avoided oil facilities.
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