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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 Nasdaq dropped almost 2% and the S&P 500 lost 1%. Traders see potential for fewer rate cuts this year after the latest data. Stock market today: Indexes close lower as new data clouds rate cut ...
The Dow Jones Industrial Average was down nearly half a percent at the close, while the Nasdaq Composite Index, which contains more technology stocks, cut early losses to close just 0.2% lower ...
Nasdaq composite: 19,372.77, down 0.10% Bonds sank again. The 10-year Treasury yield was up seven basis points to 4.572% after jumping 13 basis points on Wednesday.
3 This was the Nasdaq's close at the peak on August 27, 1987. 4 This was the Nasdaq's close at the peak on March 10, 2000. 5 This was the Nasdaq's close at the peak on October 31, 2007. 6 The Nasdaq first traded above 5,100 on March 10, 2000; however, it took over 15 years for the Nasdaq to finally close above 5,100.
A chart pattern or price pattern is a pattern within a chart when prices are graphed. In stock and commodity markets trading, chart pattern studies play a large role during technical analysis. When data is plotted there is usually a pattern which naturally occurs and repeats over a period. Chart patterns are used as either reversal or ...
Contracts on the technology-heavy Nasdaq Composite fell by 0.6%. The yield on the benchmark 10-year U.S. Treasury note moved upward and briefly touched 4% Wednesday. Crude oil traded higher, with ...
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