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Sales of new homes rose 2.3% last month to a seasonally adjusted annual rate of 616,000, according to a report Thursday from the Census Bureau, while mortgage rates slipped to 6.13%, per Freddie Mac.
Wall Street drifted higher Wednesday as gains for most stocks outweighed drops for Alphabet and some other big-name companies following their latest profit reports. The S&P 500 rose 0.4% following ...
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%.
The only stock to drag more on the market was Eli Lilly, which fell 6.6% after saying it expects to report weaker revenue for the last three months of 2024 than previously forecast.
Stocks rose Thursday as investors digested more quarterly earnings results and new data on the labor market's recovery. Stock market news live updates: S&P 500 rises to record close, Dow up 272 ...
Stock market news live updates: Stocks edge higher after more upbeat inflation data ... “After so much fanfare and focus on today’s CPI report, ... ended the day at $84.03 a barrel, while WTI ...
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.
The moves on Tuesday cap a second straight positive day on Wall Street after all three major averages rallied in the previous session, with the S&P 500, Dow, and Nasdaq notching gains of 2.7%, 1.9 ...