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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.
Disney stock surged as rare three-year forecast sees strong profit growth ahead. China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year ...
The US stock market boom has boosted the wealth of the world's billionaires to $14 trillion, UBS says. In commodities, bonds, and crypto: West Texas Intermediate crude inched lower to $68.46 a barrel.
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 ...
Traders still see the Fed cutting interest rates by 25 basis points at next month's meeting. Stocks fell on Thursday from records reached in the previous session, as traders took in a sticky ...
West Texas Intermediate crude oil dropped 2.57% to $69.72 a barrel. Brent crude , the international benchmark, fell 2.25% to $73.48. Gold edged 0.3% higher to $2,684 per ounce.
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 ...
MacDonald's stock dropped 6% after the Centers for Disease Control and Prevention said an outbreak of E. Coli linked to the fast food chain's quarter pounders led to one death and 10 hospitalizations.