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Declines in Nvidia and Adobe stock weighed on the Nasdaq, while bond yields rose. Indexes closed lower on Thursday, dragged by tech stocks after the latest inflation report came in warmer than ...
Indexes fell on Thursday after wholesale prices rose by more than expected last month. The producer price index show prices rose 0.4% in November, higher than consensus estimates of 0.2% ...
Powell added the US has had the best domestic growth of any major economy, and emphasized the strength of the labor market. He said the October jobs report's slowing job growth was largely due to ...
"Possible dovish surprises could include a more concerned take on the labor market or any suggestion that the high level of the fed funds rate is inappropriate in light of the progress made on ...
Stocks fell for a second day this week as investors brace for Wednesday's CPI report. An inflation surprise could sway the Fed's interest rate decision next week. Google rose as much as 6% after ...
Stock indexes retreated as investors digested Thursday commentary from Fed Chair Jerome Powell. The odds of a 25-basis-point rate cut in December fell sharply after Powell's address.
A longtime stock market bear is rethinking his view after this year's strong rally. In commodities, bonds, and crypto: West Texas Intermediate crude oil rose 1.64% to $68.30 a barrel.
Meta and Microsoft slid after slight earnings beats, and Amazon and Apple are set to report after market close. PCE inflation, the Fed's preferred inflation gauge, dropped to 2.1% while jobless ...
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