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Wall Street rises as Fed signals slowdown in rate hikes

Growth stocks rebound as Treasury yields fall Tesla leaps as Citigroup modernizes Nordstrom falls on reduced earnings forecast Dow Jones Industrial closed at the highest level since April Dow up 0.28%, S&P 500 up 0.59%, Nasdaq up 0.99% Nov 23 (Reuters) – Major Wall Street indexes ended Wednesday with strong gains after minutes from the …

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Stocks churn ahead of Fed minutes as oil tumbles on price cap plan

Fed Minutes for November at 7:00 p.m. GMT American Thanksgiving holiday on Thursday Stocks post weak gains globally Eurozone economic data point to recession China hit by rising COVID-19 infections LONDON, Nov 23 (Reuters) – Global stocks rebounded on Wednesday ahead of minutes of a Federal Reserve meeting that could shed light on whether the …

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Oil prices ease to near 2-month lows on China demand fears, dollar strength

Brent and WTI contracts fell around $1 a barrel earlier Beijing districts close schools as China’s COVID cases rise Rising dollar weighs on prices LONDON, Nov 21 (Reuters) – Oil prices fell on Monday to trade near their lowest level in two months, after falling around $1 a barrel as supply fears faded while concerns …

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Wall Street drops as hawkish Fed official comments weigh

Fed’s Bullard backs further rate hikes Data shows that the US labor market remains tight Cisco shares rise after Co raises full-year outlook Macy’s jumps on raising its earnings forecast Indices down: Dow 0.02%, S&P 0.31%, Nasdaq 0.35% Nov 17 (Reuters) – Wall Street’s major indexes ended slightly lower on Thursday in a choppy session …

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Wall Street ends lower as investors gauge Fed’s policy path

Losses accelerate as choppy session ends Fed’s Brainard signals slower rate hikes ahead Real estate, the main discretionary declines of the S&P sector Biogen and Lilly rise up over failure of Roche’s Alzheimer’s drug Indices down: Dow 0.63%, S&P 500 0.89%, Nasdaq 1.12% Nov 14 (Reuters) – Wall Street’s major indexes ended lower on Monday, …

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Asian shares fall ahead of U.S. CPI, crypto worries mount

https://tmsnrt.rs/2zpUAr4 Dollar Holds Firm, Crypto Fuels Spillover Fears European markets set to open lower Mainland China and Hong Kong stocks battered by spike in COVID cases Focus on US inflation for signs of slowing Fed rate hike SYDNEY, Nov 10 (Reuters) – Asian stock markets fell on Thursday and the dollar held on to overnight …

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Wall Street ends lower after midterm election, CPI in focus

Meta Platforms wins over decision to cut 11,000 jobs Disney sees biggest one-day drop since 2001 after report Indices: S&P 500 -2.08%, Nasdaq -2.48%, Dow -1.95% Nov 9 (Reuters) – Wall Street closed sharply lower on Wednesday as Republican gains in the midterm elections looked more modest than some expected as investors also focused on …

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Wall Street ends higher as investors eye U.S. midterms

Take-Two and Lyft collapse on pessimistic forecasts Amgen climbs on cholesterol drug data Indices: S&P 500 +0.56%, Nasdaq +0.49%, Dow +1.02% Nov 8 (Reuters) – Wall Street ended higher on Tuesday in the vote in the midterm elections that will determine control of the U.S. Congress, with investors betting on a political deadlock that could …

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Binance plans to buy FTX’s non-U.S. operations in latest crypto bailout

WASHINGTON/LONDON, Nov 8 (Reuters) – Crypto giant Binance has signed a non-binding deal to buy non-U.S. unit of FTX rival FTX.com to help cover a “liquidity crunch” to the cryptocurrency exchange, the companies said Tuesday, in a surprise move that raised further concerns about the risks investors face in the volatile crypto market. Binance CEO …

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