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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 ...
Image source: Getty Images. The most prudent course of action for investors. To summarize, the consensus estimate says the PCE inflation reading for October will clock in at 2.1%.
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.
MacDonald's stock dropped 6% after the Centers for Disease Control and Prevention said an outbreak of E. Coli linked to the fast food chain's quarter pounders led to one death and 10 hospitalizations.
The stock market has been on a tear this year, with the S&P 500 surging 27% and minting more than 50 record closing highs. Interest rate cuts by the Federal Reserve, strong corporate earnings, and ...
The slump in Target's share price now has the stock trading down about 14% on the year, as of this writing. Target (NYSE: TGT) is getting labeled as the Grinch heading into the holiday season ...
If the labor market and U.S. economy are on good footing, the Fed may not feel inclined to drop interest rates as much as expected in fear of reigniting inflation, which is still above the Fed's ...
The stock market could face a 7% correction by mid-November, says Fundstrat's Mark Newton. Investor complacency and weak seasonals could trigger decline, according to Newton. He views any ...