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Stock indexes retreated as investors digested Thursday commentary from Fed Chair Jerome Powell. The odds of a 25-basis-point rate cut in December fell sharply after Powell's address.
Meanwhile, jobless claims data on Thursday, showed weekly claims dropped to their lowest since May, falling to 217,000 last week. That marks a 4,000 decline from the week prior. Here's what else ...
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 ...
Data by YCharts.. That said, if the U.S. does experience a recession that leads to a drop in the stock market, that would almost certainly be a buying opportunity.History shows the S&P 500 has ...
The Dow Jones Industrial Average dropped 605 points, or 1.5%, and the Nasdaq composite slipped 0.4%. Stock market today: Wall Street slumps to worst day since April on worries about interest rates ...
The 2022 stock market decline was a short-lived bear market that impacted several equity indices around the world. While initially assuming the 2021 inflation surge to be “temporary” or “transitory,” many of the world’s central banks left policy rates unchanged near zero in 2021.
The unemployment rate also declined slightly to 4.1%. Meanwhile, oil prices continued to surge on Monday, rising by about 4% as tensions in the Middle East continued to simmer on the first ...
U.S. stock indexes edged lower Wednesday after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates. Because the move was so well ...