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  • S&P 500 snaps four-day losing street, Dow, Nasdaq rise
    Finance News

    S&P 500 snaps four-day losing street, Dow, Nasdaq rise

    February 24, 2023 /

    U.S. stocks scrambled bigger Thursday to close a back again-and-forth session in the green following charge problems drove 4 consecutive times of declines for the S&P 500 (^GSPC). The benchmark U.S. equity index gained .5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, when the Dow Jones Industrial Normal (^DJI) added 110 details, or .3{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. The know-how-significant Nasdaq Composite (^IXIC) climbed .7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. A batch of economic info strike traders’ desks early Thursday. The government’s next estimate of fourth-quarter GDP was downwardly revised to 2.7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} compared to 2.9{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} described final thirty day period in the preliminary reading, reflecting weaker customer investing and better inflation figures in the ultimate a few months of 2022. In the meantime, filings for unemployment…

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    Francis McGee Comments Off on S&P 500 snaps four-day losing street, Dow, Nasdaq rise

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    What the end of the ‘Great Moderation Era’ means for investors

    What the end of the ‘Great Moderation Era’ means for investors

    March 3, 2023
    Exclusive: Lebanon to slash official exchange rate from end of October, finance min says

    Exclusive: Lebanon to slash official exchange rate from end of October, finance min says

    September 28, 2022
    Raoul Pal says AI could become the ‘biggest bubble of all time’: Morning Brief

    Raoul Pal says AI could become the ‘biggest bubble of all time’: Morning Brief

    February 19, 2023
  • S&P 500, Dow fall after Fed minutes signal continued rate hikes
    Finance News

    S&P 500, Dow fall after Fed minutes signal continued rate hikes

    February 23, 2023 /

    U.S. shares shut blended after choppy investing Wednesday as traders pored around minutes from the Federal Reserve’s last meeting earlier this month for clues on its subsequent shift. The most current readout from the U.S. central bank’s Jan. 31- Feb. 1 accumulating indicated officials have been intent on proceeding with “ongoing improves” but open to achieving an endpoint later on this calendar year. The S&P 500 (^GSPC) declined .2{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, when the Dow Jones Industrial Ordinary (^DJI) slipped about 80 factors, or .3{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. The technology-heavy Nasdaq Composite (^IXIC) was an outlier, edging up .1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. “Contributors concurred that the Federal Open Marketplace Committee experienced manufactured considerable progress above the previous calendar year…

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    Francis McGee Comments Off on S&P 500, Dow fall after Fed minutes signal continued rate hikes

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    BuzzFeed stock rises more than 120{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} after company announces plans to use ChatGPT

    BuzzFeed stock rises more than 120{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} after company announces plans to use ChatGPT

    January 28, 2023
    Economic forecasts are getting revised up, and people aren’t thrilled about it

    Economic forecasts are getting revised up, and people aren’t thrilled about it

    February 20, 2023
    Stocks rise after Fed minutes signal rate hike slowdown

    Stocks rise after Fed minutes signal rate hike slowdown

    November 24, 2022
  • Nasdaq builds on last week’s gains; S&P 500, Dow fall to start week
    Finance News

    Nasdaq builds on last week’s gains; S&P 500, Dow fall to start week

    January 10, 2023 /

    U.S. shares shut combined on Monday right after failing to sustain momentum from the to start with big rally of the year very last week. Technologies led the way increased, with the Nasdaq Composite (^IXIC) increasing .6{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, an outlier in the session, even though much underneath the climb of more than 2{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} that the index noticed previously into buying and selling. The S&P 500 (^GSPC) and Dow Jones Industrial Typical (^DJI) every turned lower into the near, slipping .1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} and .3{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, respectively, after paring the day’s gains. The U.S. greenback continued its slump, when the price tag of oil rallied to start out the week around optimism around demand from…

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    Francis McGee Comments Off on Nasdaq builds on last week’s gains; S&P 500, Dow fall to start week

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    Stocks slide after hotter-than-expected key inflation print

    Stocks slide after hotter-than-expected key inflation print

    February 25, 2023
    Stock futures rise ahead of more earnings, data

    Stock futures rise ahead of more earnings, data

    January 27, 2023
    UK finance minister and Bank of England work to contain SVB fallout

    UK finance minister and Bank of England work to contain SVB fallout

    March 13, 2023
  • Dow headed below 30,000, slim chance of soft landing for economy: CFOs
    Economy News

    Dow headed below 30,000, slim chance of soft landing for economy: CFOs

    December 29, 2022 /

    A trader is effective on the flooring of the New York Inventory Trade. Lucas Jackson | Reuters Each individual time the inventory current market has rallied off a lower in 2022, it truly is headed appropriate again down once more. Significant hopes among investors that the worst is in have turned into head fakes amid the optimum interest costs in 15 several years. The present-day slump for shares ending the calendar year is just the past instance, and the marketing just isn’t about still. The latest injury to the Dow Jones Industrial Average will get worse just before it will get greater, and even as the Fed’s battle with inflation…

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    Francis McGee Comments Off on Dow headed below 30,000, slim chance of soft landing for economy: CFOs

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    February 21, 2023
    Inflation, Interest Rates in the Spotlight This Week for Economy, Markets | Economy

    Inflation, Interest Rates in the Spotlight This Week for Economy, Markets | Economy

    December 13, 2022
    Where is the global economy heading in 2023? Plus other economics stories you need to read this week

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    January 30, 2023

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