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AMRUTA KHANDEKAR
S&P 500, Nasdaq hit record highs as jobs data strengthens rate cut betsAt 09:37 a.m. ET, the Dow Jones Industrial Average was up 8.98 points, or 0.02%, at 38,800.33, the S&P 500 was up 9.57 points, or 0.19%, at...- Wall Street slides as hot producer price data crimps rate cut betsThe data could encourage the Fed to wait before cutting rates. Earlier this week, a hot consumer prices report sparked a selloff in equity ...
- US stock market: S&P 500 closes up slightly ahead of US inflation dataInvestors worried about rising oil prices and have been fretting ahead of the Consumer Price Index (CPI) for August, due out on Sept. 13, s...
- US stock market: S&P 500 ends sharply higher, jobs data fuels interest rate optimismThe sharp gains came after the Labor Department's Job Openings and Labor Turnover Survey (JOLTS) showed the number of job openings stood at...
- European shares gain on boost from Novartis, telecom stocks dragEurope's healthcare sector, up 0.4%, also got a boost from 3.9% gains in shares of Swedish Orphan Biovitrum (SOBI) after the drugmaker's se...
- European shares edge higher as H&M shinesShares of H&M climbed 7.3% to an over one-year high after the world's second-biggest fashion retailer topped expectations for quarterly ope...
- US stock market: S&P 500 ends up slightly; SVB deal lifts bank sharesThe S&P 500 ended slightly higher on Monday as a deal for Silicon Valley Bank's assets helped to boost bank shares, while a decline in tech...
- US stocks open flat ahead of Fed rate decisionThe Dow Jones Industrial Average rose 9.59 points, or 0.03%, at the open to 32,570.19.
- US stock market: Wall Street falls on bank stocks tumble, jobs report jittersTraders were betting that chances of a 50-basis-point rate hike at the Fed's March meeting were around 60%, according to CME Group's FedWat...
- US stock market: Wall Street ends up as data suggests inflation may be on downward trendMicrosoft shares rose 1.2%, providing the biggest boost to the S&P 500 and Nasdaq, while energy shares also were higher along with oil pric...
- US stock market: S&P 500 near flat as investors weigh chances of less aggressive rate hikesA consumer prices report due Thursday could be key for rate expectations, said Quincy Krosby, chief global strategist, LPL Financial in Cha...
- European shares eye weekly loss as central banks stay hawkishOn Friday, telecom and retail stocks led the losses among the major sectors on the STOXX 600. Shares of economically sensitive banks, which...
- European shares rise as industrials, financials gain on China optimismData on Thursday showing a rise in U.S. weekly jobless claims, however, has raised investor hopes that the Federal Reserve could temper its...
- Twitter slips as investors await funding details on Musk's $44 billion dealShares of the microblogging site were down marginally at $51.12, after rising 20% since Musk this week proposed to go ahead with the April ...
- Wall Street stumbles as consumer pessimism stokes growth fears"Markets were fine today until the consumer confidence number came out," said Peter Tuz, president of Chase Investment Counsel in Charlotte...
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