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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.
US stocks climbed higher as traders took in inflation figures from October that were in-line with estiamtes. Consumer prices rose 2.6% on a yearly basis last month and 0.2% for the month.
Powell's comments recalibrated interest rate cut expectations in the market. According to the CME's FedWatch Tool, markets now see a 35% chance of a 50 basis point rate cut at the Fed's November ...
The stock price of the company, which helps businesses manage their customers, jumped 11%. Marvell Technology leaped even more after delivering better results than expected, up 23.2%.
Tesla stock surged 7% to hit a $1 trillion market cap on Friday for the first time since April 2022. Traders betting against clean-energy stocks have made $1.3 billion since Trump's election win.
The following list sorts countries by the total market capitalization of all domestic companies [clarification needed] listed in the country, according to data from the World Bank. Market capitalization, commonly called market cap, is the market value of a publicly traded company's outstanding shares. [1]
The 10-year Treasury yield was unchanged as the bond market was closed in observance of Veterans Day. Bitcoin surged 8.37% to $87,160.69. Read the original article on Business Insider
The stock that’s become most synonymous with the president-elect, Trump Media & Technology Group, fell 23%. All told, the S&P 500 rose 44.06 points to 5,973.10.
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