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Stocks slip as Wall Street awaits Fed rate decision
U.S. stocks were flat as investors awaited the Fed’s rate decision, with inflation concerns and rising Treasury yields shaping sentiment.
Fed faces divided debate ahead of expected rate cut
A divided Fed heads into a contentious meeting as Chair Jerome Powell seeks support for a third rate cut amid weak hiring and high inflation.
U.S. job openings barely budged in October, coming in just below 7.7 million
U.S. job openings held at 7.7M in October as quits fell and layoffs rose, signaling a cooling labor market amid tariffs and Fed rate debates.
Stocks slip as S&P 500 pulls back from record high
U.S. stocks fell from record levels as Treasury yields rose ahead of the Fed meeting, with the S&P 500, Dow and Nasdaq all edging lower.
Wall Street rises to the edge of its all-time high
The S&P 500 closed just shy of a record as ULTA and Victoria’s Secret surged, while investors await a possible Fed rate cut next week.
Fed’s preferred inflation gauge stayed elevated in September as spending weakened
Inflation stayed steady in September, easing the path for a possible Fed rate cut next week as consumer spending slows and job losses rise.
US mortgage rates fall to 6.19%, nearing yearly low
U.S. mortgage rates dropped to 6.19%, the lowest since October, boosting buying power as Fed rate cuts loom and housing demand improves.
Jobless claims fall to 3-year low ahead of Fed decision
WASHINGTON (AP) — U.S. applications for unemployment benefits fell to their lowest level in more than three years during Thanksgiving week, potentially complicating the Federal Reserve‘s upcoming decision on interest rates. The number of Americans applying for jobless benefits for the week ending Nov. 29 fell to 191,000 from the previous week’s 218,000, the […]
Wall Street pulls near its all-time high
U.S. stocks climbed as mixed economic data boosted hopes for a Fed rate cut, pushing the S&P 500 near its record high and easing Treasury yields.
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.
