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US stocks rise as Wall Street looks to add to its winning streak
U.S. stocks climbed Wednesday as traders grew more confident the Fed will cut interest rates in December, with tech shares and strong retail earnings lifting markets.
Fewer Americans sought unemployment benefits last week as job cuts stay low
Unemployment claims fell to 216,000 last week, signaling continued low layoffs even as hiring slows and more jobseekers struggle to find work.
Stocks climb on hopes for lower interest rates as Dow rallies 660 points
US stocks climbed as bond yields eased and traders priced in strong odds of a December Fed rate cut. Retailers and small-cap stocks led broad market gains.
Stocks rally ahead of Thanksgiving on Fed rate-cut hopes, AI surge
U.S. stocks climbed Monday as investors bet on a December Fed rate cut and AI giants boosted the market ahead of the Thanksgiving holiday.
Stocks rise as Wall Street rebounds from sharp swings
US stocks rebounded Friday after volatile swings, with the S&P 500 up 1% as investors weighed Fed rate-cut signals and Big Tech uncertainty.
Stocks sway as Nvidia earnings, jobs report test markets
NEW YORK (AP) — The U.S. stock market is swinging through another unsettled day of trading on Wednesday, ahead of a huge couple of tests for Wall Street. The S&P 500 added 0.2% after veering between a small loss and a leap of 1.1% earlier in the day. The index is coming off a four-day losing […]
Shutdown delays full October jobs report, Labor Dept. says
The Labor Department says the October jobs report won’t be released after the shutdown halted data collection.
Fed’s Lisa Cook disputes mortgage fraud allegations
WASHINGTON (AP) — In a letter to Attorney General Pam Biondi on Monday, lawyers for Federal Reserve Governor Lisa Cook disputed allegations by a Trump administration official that she committed mortgage fraud. President Donald Trump used the accusation as a basis to seek her firing, the first time a president has sought to remove a Fed governor in […]
30-year mortgage rate edges up to 6.24%
U.S. mortgage rates rose to 6.24%, their second straight weekly increase, though they remain near this year’s lowest levels.
Wall Street has its worst day in a month on worries about AI stocks and interest rates
NEW YORK (AP) — The U.S. stock market sank to its worst day in a month and its second-worst since April. The S&P 500 fell 1.7% Thursday and pulled further from its all-time high set late last month. The Dow Jones Industrial Average fell nearly 800 points from its own record set the day before, […]
Fed may soon start buying bonds to manage market liquidity, Williams says
New York Fed President John Williams said the central bank may soon restart bond purchases to maintain control of short-term rates.
Atlanta Fed’s Raphael Bostic to retire in February
Atlanta Fed President Raphael Bostic will retire in February, opening a key Fed seat as Trump seeks more influence over the central bank.
