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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%.
Central banks around the world have followed suit in recent days. Goldman Sachs has slashed its year-end 2022 target for the S&P 500 index by about 16% to 3,600 from 4,300.
Stock futures jumped Monday morning to recover some losses after Friday's slide, when uncertainty over a new coronavirus variant stoked volatility across global markets.
U.S. stocks rose Wednesday as investors monitored a series of closely watched earnings reports and further digested a hot print on inflation in the U.S.
The 30-stock index had previously been up by more than 300 points at session highs. Treasury yields steadied after gaining on Monday, and the benchmark 10-year note's yield hovered just above 1.3% ...
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Stock market news live updates: S&P 500, Nasdaq close lower ahead of inflation report, earnings. ... BBC. Tracing the powerful family roots of suspected killer Luigi Mangione. News. CNN.