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Goldman dials back its bullish gold forecast amid a dimmer outlook for rate cuts in 2025 In commodities, bonds, and crypto: West Texas Intermediate crude oil rose 0.9% to $74.25 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.
The bond market sold off Monday in response, and the 10-year Treasury yield jumped 11 basis points to hover at 4.2% on Tuesday. On Tuesday. That marks the key bond yield's highest level in three ...
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 stock was down -8.49% to trade at $857.81 per share in the afternoon session as of 1:16 p.m. ET. 12:54 p.m. ET: Stocks lose steam after strong morning gains Here were the main moves in markets ...
The Dow Jones Industrial Average jumped 498 points, or 1.2%, and the Nasdaq composite gained 1%. Superstar stock Nvidia and other Big Tech companies led the market, which got a lift after a report ...
U.S. stock indexes got back to climbing on Wednesday after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. The S&P 500 rose 0.8% to ...
U.S. stocks drifted to a mixed finish Wednesday, as drops for Microsoft and other big-name tech stocks overshadowed gains across much of the rest of Wall Street. Microsoft, Amazon, Nvidia and ...
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