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Last week's initial jobless claims came in at 219,000, below consensus estimates of 225,000. This month's deepening bond sell-off also comes as a reaction to hawkish signals from the Federal Reserve.
NEW YORK (AP) — U.S. stocks rose Friday to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one. The S&P 500 rallied 1.1% for its best day in six ...
All the major market averages finished higher for the week, with the S&P 500 gaining 2.5%, the Dow Jones Industrial average ending up 1.8% and the Nasdaq climbing north of 4%. ... Bitcoin has ...
The benchmark stock market index on the Johannesburg Stock Exchange fell by 9.3%. [265] The MERVAL on the Buenos Aires Stock Exchange fell 9.5% to 19.5% on the week. [266] 12 March was the second time, following 9 March drop, that the 7%-drop circuit breaker was triggered since being implemented in 2013. [236]
US stocks ended Friday in the red, closing out a lackluster week despite a year of historic highs.. The Dow was lower by 333 points, or 0.78%, after the closing bell.
Rate cuts can give the economy a boost, and the U.S. stock market repeatedly hit record highs last year on the assumption that more are coming after the Fed began lowering rates in September.