Perhaps more importantly for the market, the report also said prices paid by services businesses rose at a slower pace in February than in January. A separate report, meanwhile, said U.S. factory orders weakened by more in January than expected....
to 26.1% from 26.8% last week. Over the past year, investors were most bearish the week of Nov. 1, shortly after the October stock market bottom, when 50.3% said they were negative on stocks. The historical average for bearish views is 31.0%. ...
and the dow jones industrial average lost 219 points, or 0.5%. the nasdaq composite held up better than the rest of the market and added 0.3% thanks to gains for tesla and a handful of other big tech stocks. treasury yields also slipped a bit in the b...
U.S. stocks rebounded after falling oil prices released some of the pressure that built up on the market.
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But some think the rally could die. Jonathan Krinsky, chief market technician at BITG, said the "rally has run its course" in a note to clients Thursday. The stock traded up more than 4% Thursday. Tesla — Alex Harring Thu, Feb 9 202311:29 AM EST ...
"Crude prices continue their Jekyll and Hyde movement, rallying today as talks continue with Iran and western leaders regarding their nuclear program," said Matt Smith, commodity analyst at Schneider Electric, in a note. "Tomorrow sees focus shift back onto rising production and rising inventories ...
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Stock Market Today: Dow ends lower, S&P 500 drops and small caps take the cake Follow along to the action in markets on Thursday as investors await the CPI report. Last Updated: July 11, 2024 at 4:30 PM EDT Related reads Fed’s Daly says data now...