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Here's what else happened today: The Fed won't cut rates at all in 2025 , Deutsche Bank says. The area of the stock market investors should avoid next year , according to Wells Fargo.
Here's where investors worried about a stock market bubble should invest their money. In commodities, bonds, and crypto: West Texas Intermediate crude oil was up 1.88% to $69.98 a barrel.
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.
Investor's Business Daily (IBD) is an American newspaper and website covering the stock market, international business, finance, and economics.Founded in 1984 by William O'Neil as a print newspaper, it is owned by News Corp and headquartered in Los Angeles, California.
The benchmark stock market index on the Johannesburg Stock Exchange fell by 9.3%. [265] The MERVAL on the Buenos Aires Stock Exchange fell 9.5% to 19.5% on the week. [266] 12 March was the second time, following 9 March drop, that the 7%-drop circuit breaker was triggered since being implemented in 2013. [236]
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 New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
U.S. stock indexes closed their best week in two months with a flourish on Friday. The Dow Jones Industrial Average rose 334 points, or 0.8%, and the Nasdaq composite rallied 1.5%. All the ...