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Stocks surged, as investors cheered the long-awaited good inflation news. But inflation remains hot — and it’s not going to just go away with the wave of a wand. The Fed is still expected to...
Stocks closely tied to economic outlook such as Boeing and the financials surged on the news. Tech stocks also grew. Amazon and Tesla both gained more than 5% on Wednesday.
US stocks exploded higher Wednesday. The Dow is now more than 20% above its 52-week low, which puts it in a new bull market. Federal Reserve chair Jerome Powell strongly suggested that the central...
US stocks rallied after the Federal Reserve raised interest rates by a quarter of a percentage point Wednesday. The move was widely expected, and the Fed signaled that “ongoing increases” to...
US stocks ended the day higher after the Federal Reserve boosted interest rates by three-quarters of a percentage point for the second straight time in order to combat rampant inflation. But Fed...
US stocks rallied for a second straight day Wednesday in a volatile day of trading. The Federal Reserve, as expected, raised interest rates for the first time since December 2018. Fed chair Jerome...
Stocks fell as recession fears gripped Wall Street. JPMorgan and Morgan Stanley kicked off earnings season on a sour note, saying they were girding for a potential economic downturn by socking away...
US stocks were mixed Thursday after an economic report sent conflicting signals. Tech earnings continue to disappoint. The ECB hiked rates by three quarters of a percentage point in Europe, and US...