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The losses extend the market's losing streak to five days, putting the Santa Claus rally at risk. Apple stock dropped more than 2.5%. Tesla fell 6% after reporting deliveries.
Here's what else happened today: Disney said it will appoint Bob Iger's successor as CEO by early 2026. Goldman Sachs said investors should prepare for a decade of muted returns in the stock market.
The rise of legal sports gambling is coming at the expense of stock investing, a new study found. In commodities, bonds, and crypto: West Texas Intermediate crude oil decreased 2.45% to $73.69 a ...
The S&P 500 closed higher on Thursday to end a three-day losing streak. The index was fueled by a surge in Tesla's stock, which closed 22% higher after a strong earnings beat.
The US stock market boom has boosted the wealth of the world's billionaires to $14 trillion, UBS says. In commodities, bonds, and crypto: West Texas Intermediate crude inched lower to $68.46 a barrel.
Stocks rose on Wednesday as traders waited for key updates on Fed policy and the US job market. The Fed will release minutes from its July meeting, offering investors more insight into its ...
US stocks jumped on Friday as S&P 500 and Nasdaq 100 aimed for a five-day win streak. Investors are focused on the Federal Reserve's upcoming interest rate cut announcement next week.
The jobs data for November was enough to bolster confidence in the economy while also raising investors' hopes for another rate cut this month.