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Stock market today: Nasdaq tops 20,000 for the first time as tech jumps after inflation data. Tech stocks soared on Wednesday, boosted by the prospect of a rate cut at next week's Fed meeting. Tesla stock jumped 6% to an all-time high.
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
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.
Here's what else happened today: Disney said it will appoint Bob Iger's successor as CEO by early 2026. Goldman Sachs said investors should prepare for a decade of muted returns in the stock market.
AppLovin (NASDAQ: APP) stock has swept investors off their feet with a spectacular 265% return this year. The mobile advertising technology (adtech) disrupter is benefiting from new artificial ...
Stocks rose on Wednesday as traders waited for key updates on Fed policy and the US job market. The Fed will release minutes from its July meeting, offering investors more insight into its ...
The 10-year Treasury yield was unchanged as the bond market was closed in observance of Veterans Day. Bitcoin surged 8.37% to $87,160.69. Read the original article on Business Insider
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