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Yet, investors are overlooking this guidance as the stock is performing well today. Other stocks rising in the Dow include Caterpillar, Boeing, Home Depot, and UnitedHealth.
Stocks added to records on Wednesday as traders took in strong earnings and looked ahead to more Fedspeak. Salesforce, Marvell Technology, and Dollar Tree rose higher after beating earnings estimates.
The market's blistering postelection rally has some ringing alarms for 2025. In commodities, bonds, and crypto: West Texas Intermediate crude oil rose 1.25% to $69.45 a barrel.
Here's what else happened today: 'Don't buy the tech dip' as the market gets more volatile , BofA says. 5 markets hit hardest by housing shrinkflation , according to Realtor.com .
The US stock market boom has boosted the wealth of the world's billionaires to $14 trillion. In commodities, bonds, and crypto: West Texas Intermediate crude oil dropped 1% to $67.62 a barrel.
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The stock market's new record high will be challenged in the week ahead by a slew of corporate earnings reports and a fresh reading of the Fed's preferred inflation gauge.
Click here for in-depth analysis of the latest stock market news and events moving stock prices. Read the latest financial and business news from Yahoo Finance Show comments