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Jobless claims from last week fell by more than expected to 216,000, a 12,000 drop from the week prior. Economists had expected claims to come in at 230,000. Here's where US indexes stood shortly ...
Investors are eyeing earnings season, which kicks off this week with results from PepsiCo on Tuesday. US stocks retreated from near-record highs on Monday, with all three major moving averages ...
Investors are pricing in a 69% chance the Fed is still on track to cut rates two more times this year, but odds for a rate cut in January have fallen to 45%, down from 66% a week ago, according to ...
The US stock market boom has boosted the wealth of the world's billionaires to $14 trillion, UBS says. In commodities, bonds, and crypto: West Texas Intermediate crude inched lower to $68.46 a barrel.
U.S. stock indexes drifted lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. The S&P 500 dipped 0.3%, a day after ...
U.S. stocks fell Friday as investor sentiment turned gloomy. The Dow Jones Industrial Average closed more than 300 points lower, while the Nasdaq Composite Index, which contains more technology ...
A sell-off in semiconductors pulled stock indexes away from record highs. The rout was led by Dutch chip firm ASML, which shed 17% on Tuesday. The decline overshadowed better-than-expected bank ...
Last week's initial jobless claims came in at 219,000, below consensus estimates of 225,000. This month's deepening bond sell-off also comes as a reaction to hawkish signals from the Federal Reserve.