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Bets of a 25-basis-point rate cut at the upcoming meeting shot up to more than 85% after data on Friday showed a rise in the unemployment rate to 4.2% in November, pointing to an easing labor market.
LONDON/SINGAPORE (Reuters) -European shares lost ground on Wednesday, mirroring a drop in Asian stock markets, as investors cautiously awaited U.S. inflation data that is expected to put the ...
A version of this story first appeared at TKer.co. It’s that time of year when Wall Street’s top strategists tell clients where they see the stock market heading in the year ahead.. The ...
U.S. stocks fell Friday as investor sentiment turned gloomy. The Dow Jones Industrial Average closed more than 300 points lower, while the Nasdaq Composite Index, which contains more technology ...
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The analysts point to the stocks' right-sized valuations and a potential improvement in fundamentals. The sector has lagged the S&P 500's rally this year, up just 1%, while the index has surged 26%.
Workday lost 11.8% after forecasting fourth-quarter subscription revenue below expectations, hit by weaker client spending on its human capital management software.
The stock market closed out the first week of 2021 on a positive note, with all three major indexes hitting new record high levels. The gains come as investors are feeling confident. The COVID ...