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Comcast stock fell double digits on Thursday after the company reported a bigger-than-expected drop in broadband customers and failed to add more subscribers to its Peacock streaming service.
The Dow Jones Industrial Average shed 486 points, or 1.6%, briefly falling into bear market territory at one point during the session and closing at a 2022 low. And the technology-heavy Nasdaq ...
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All the major market averages finished higher for the week, with the S&P 500 gaining 2.5%, the Dow Jones Industrial average ending up 1.8% and the Nasdaq climbing north of 4%.
A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 5, 2023. REUTERS/Andrew Kelly (Andrew Kelly / reuters)
The stock was down -8.49% to trade at $857.81 per share in the afternoon session as of 1:16 p.m. ET. 12:54 p.m. ET: Stocks lose steam after strong morning gains Here were the main moves in markets ...
Tesla stock also fell Wednesday following a filing that showed CEO Elon Musk sold 19.5 million shares from Nov. 4-8. The sale came after he bought Twitter for $44 billion.
Here's what else happened today: The Fed won't cut rates at all in 2025 , Deutsche Bank says. The area of the stock market investors should avoid next year , according to Wells Fargo.