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The stock market has been on a tear in 2024, with the S&P 500 rising by nearly 21 percent over the first three quarters of the year. But the situation may not be so brisk over the coming 12 months ...
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 labor market, on the other hand, appears to be a smaller source of stress for the Fed, but Powell said it's "prepared to adjust the pace and destination" of easing as the jobs data evolves.
The Dow Jones Industrial Average fell 257 points, or 0.6%, while the Nasdaq composite slipped 0.3%. Intel fell 2.9%, and chemical producer Dow sank 2.1% in their first trading since getting ...
A lot is going on next week. The U.S. Presidential Election is on Nov. 5 and the Federal Reserve kicks off its November meeting a day later, which will end on Nov. 7 potentially with another ...
Indexes edged slightly higher as traders took a breather after the huge post-election rally. The Fed will deliver its next rate decision at 2 p.m.
“The richly priced market could continue to move higher if the Fed cuts interest rates six times as expected by the market while inflation continues its descent lower,” says Stash Graham ...
Traders gather at a post on the floor of the New York Stock Exchange, Tuesday, Aug. 3, 2021. Stocks are off to a mixed start on Wall Street as traders weigh another big set of company earnings ...