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Stocks rose as investors saw higher odds of another rate cut at next week's Fed meeting. ... rose 3.3% year-to-year, as expected.
The week's stock moves also coincided with a surge in Treasury yields, with the 10-year Treasury yield nearly hitting 4.5%. Strategists have often cited a "flight to quality" environment when ...
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.
Stocks rose at the start of the shortened trading week, and the final one of 2023, riding the momentum of a year-end rally in which hopes of a soft landing are strengthening and more optimistic ...
CPI rose 0.5% in the first month of the year, an acceleration from the prior month, and 6.4% on an annual basis, a small move lower from the previous year-over-year print.
The US stock market boom has boosted the wealth of the world's billionaires to $14 trillion. In commodities, bonds, and crypto: West Texas Intermediate crude oil dropped 1% to $67.62 a barrel.
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US stocks wavered on Tuesday as investors prepared to digest the November inflation report due this week. The S&P 500 and Nasdaq rose slightly, though remained below record highs achieved at the ...