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That puts the stock market in a precarious position. Expectations regarding rate cuts could change based on an important economic data point that will be published on Wednesday, Nov. 27.
Here's why tomorrow could be a big day for the stock market. Economic data over the coming months could play a big role in determining how the market performs in the near term and in 2025.
US stocks rose Monday as investors await the Fed's interest rate decision on Wednesday. The Fed's final meeting of the year is expected to include a 25 basis points interest rate cut.
The US stock market boom has boosted the wealth of the world's billionaires to $14 trillion. In commodities, bonds, and crypto: West Texas Intermediate crude oil dropped 1% to $67.62 a barrel.
The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong start to earnings season.
Watch for these tell-tale signs of a stock market bubble ... If you extrapolate from the S&P 500’s pre-pandemic high somewhere near 3,824 in January 2023 to today’s prices, you’d find a rise ...
Here's why tomorrow could be a big day for the stock market. Important economic data At 8:30 a.m. tomorrow, the U.S. Bureau of Labor Statistics will release its monthly nonfarm payrolls report for ...
Stocks added to records on Wednesday as traders took in strong earnings and looked ahead to more Fedspeak. Salesforce, Marvell Technology, and Dollar Tree rose higher after beating earnings estimates.