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  • Stocks slide Friday to cap hectic week of trading
    Finance News

    Stocks slide Friday to cap hectic week of trading

    March 18, 2023 /

    Shares slid on Friday to cap a frantic week of trading that ultimately noticed the Nasdaq Composite (^IXIC) increase more than 4{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, the S&P 500 (^GSPC) acquire about 1.5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, and the Dow Jones Industrial Typical (^DJI) reduce .2{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. Perhaps not precisely the weekly returns some buyers would have predicted in the wake of three U.S. banks failing. On Friday, stocks fell across the board, with economic stocks at the heart of selling strain the working day soon after a consortium of 11 massive U.S. banking institutions banded with each other to deposit $30 billion into Initially Republic (FRC) in a bid to stabilize the banking technique. When the closing bell…

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    Francis McGee Comments Off on Stocks slide Friday to cap hectic week of trading

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    Why there is no such thing as a ‘no landing’ scenario for the economy: Morning Brief

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  • Stocks slide after hotter-than-expected key inflation print
    Finance News

    Stocks slide after hotter-than-expected key inflation print

    February 25, 2023 /

    U.S. stocks tumbled Friday after the Federal Reserve’s most closely viewed inflation measure arrived in more powerful than anticipated, in an additional indicator that rate pressures have turn out to be sticky into 2023. The S&P 500 (^GSPC) sank 1.1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, although the Dow Jones Industrial Typical (^DJI) plopped much more than 300 details, or 1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. The technologies-major Nasdaq Composite (^IXIC) slid 1.7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. Friday marked the worst week for the S&P 500 and Nasdaq given that December. U.S. Treasury yields scrambled larger subsequent the looking at. The 2-calendar year note surged 12 basis details to 4.81{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} when the 10-12 months take note acquired 7 foundation points to major 3.95{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. The Own…

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    Francis McGee Comments Off on Stocks slide after hotter-than-expected key inflation print

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    Stocks rise after five days of losses for S&P 500

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    December 9, 2022
    What’s in the new $53 billion retirement bill now headed to President Biden’s desk

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    December 26, 2022
    Attitudes begin to shift regarding monetary policy, economic growth, and stock prices

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    February 13, 2023
  • Stocks slide after economic warnings from Walmart, Home Depot
    Finance News

    Stocks slide after economic warnings from Walmart, Home Depot

    February 22, 2023 /

    U.S. stocks plunged Tuesday as the prospect of greater-for-extended desire prices and letdowns from significant-box retailers dampened the temper on Wall Avenue to commence a fast paced vacation-shortened 7 days. The U.S. stock and bond markets were closed on Monday for Presidents Day. The S&P 500 (^GSPC) nosedived 2{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, falling underneath the key 4,000 stage, although the Dow Jones Industrial Typical (^DJI) drop almost 700 points, or 2.1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. The technological innovation-major Nasdaq Composite (^IXIC) tanked 2.5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. Traders evaluated quarterly financials from Walmart (WMT) and the Household Depot (High definition) for updates on the wellbeing of the U.S. consumer, which has so much remained resilient in the facial area of stubbornly…

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    Francis McGee Comments Off on Stocks slide after economic warnings from Walmart, Home Depot

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  • Stocks slide after jobs report shocks, Big Tech results disappoint
    Finance News

    Stocks slide after jobs report shocks, Big Tech results disappoint

    February 4, 2023 /

    U.S. stocks tumbled Friday just after government work facts showed extra than fifty percent a million careers were being included in January — throwing a wrench in hopes for a pause on amount increases — when subpar earnings effects from Major Tech giants weighed on trader sentiment. The U.S. overall economy included 517,000 positions very last thirty day period, far additional than payroll achieve of 188,000 anticipated by economists. The unemployment fee fell to 3.4{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, the lowest since 1969. The S&P 500 (^GSPC) dropped 1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, while the Dow Jones Industrial Regular (^DJI) shed abut 130 factors, or .4{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. The technological innovation-weighty Nasdaq Composite (^IXIC) completed lessen by 1.6{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} Ongoing resilience…

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    Francis McGee Comments Off on Stocks slide after jobs report shocks, Big Tech results disappoint

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    SEC sends letter to companies urging updated disclosures amid ‘widespread disruption’ in crypto markets

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    December 10, 2022
    Stock futures rise ahead of more earnings, data

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    January 27, 2023
  • Stocks slide to cap worst week since September
    Finance News

    Stocks slide to cap worst week since September

    December 11, 2022 /

    Stocks slid into the shut Friday, capping a difficult 7 days for traders that noticed the S&P 500 drop in 4 of five trading periods. When the closing bell rang on Wall Street, all three significant indexes have been decreased, with the S&P 500 off .7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, the Dow off .9{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, and the Nasdaq down .7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. For the 7 days, the S&P 500 dropped 3.4{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} when the Dow fell 2.8{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. The tech-major Nasdaq fell 4{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. This week’s declines in the S&P 500 and the Dow ended up their worst considering the fact that late September. Friday’s investing session observed shares shell out time on the two sides of the flatline, with…

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    Francis McGee Comments Off on Stocks slide to cap worst week since September

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    Stocks soar as investors look ahead to inflation data

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    February 14, 2023

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