Archive For The “Latest News” Category

Dow's nearly 175-point fall led by losses in shares of Chevron, Walmart

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Shares of Chevron and Walmart are trading lower Friday afternoon, dragging the Dow Jones Industrial Average into negative territory. Shares of Chevron CVX, -3.19% and Walmart WMT, -2.33% are contributing to the blue-chip gauge’s intraday decline, as the Dow DJIA, -0.90% was most recently trading 172 points (0.5%) lower. Chevron’s shares have fallen $5.08 (2.9%)…

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Dow has worst week since September as investors look ahead to CPI, Fed meeting

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It was a whipsaw week for stocks. The market came under pressure early in the week as investors worried that elevated wage pressure seen in the November jobs report could push the Federal Reserve to raise interest rates to a higher level than expected next year to combat inflation. After a brief mid-week respite, Wall…

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Stock market today: Dow falls as hot inflation data lifts stake for hawkish Fed

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By Yasin Ebrahim © Reuters Stock market today: Dow falls as hot inflation data lifts stake for hawkish Fed Investing.com — The Dow fell Friday as data showing inflation continued to run hot stoked the prospect of a more hawkish Federal Reserve ahead of its meeting next week. Load Error The Dow Jones Industrial Average…

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Wall Street succumbs to wave of selling, Dow Jones dives 305 points

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NEW YORK, New York – U.S. stocks made tepid rises on Friday before succumbing to a wave of selling late in the day as investors continued to gyrate over the future direction of interest rates. The U.S. Federal Reserve is likely to hike rates fifty basis points next week, an expectation already built into markets….

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Stocks finish lower, Dow drops 300 points to cap off worst week in more than 2 months

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© Marketwatch MARKET PULSE U.S. stocks finished Friday’s choppy session with modest losses, capping off the worst week for stocks since September after a report on wholesale-price inflation challenged assumptions about slowing inflation in the U.S. The Dow Jones Industrial Average dropped 2.8% this week, its biggest pullback since at least the week ended Sept….

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Dow, S&P 500, Nasdaq slip as Wall Street remains cautious ahead of Fed meeting

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Wall Street stumbled through an uncertain session on Friday, as investors continued to look ahead to next week’s Federal Reserve meeting. The major U.S. equity averages finished modestly lower, resuming a slide that has marked most of the past couple weeks. The Nasdaq Composite (COMP.IND) closed -0.7%, the S&P 500 (SP500) ended -0.7% and the…

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Recession fears have paralyzed Wall Street as 2023 stock market predictions turn unusually bearish

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Wall Street has turned unusually bearish on the stock market as their 2023 predictions arrive. Ongoing fears of an imminent economic recession have paralyzed Wall Street strategists. For the first time in more than 20 years, Wall Street expects a flat year for stocks in 2023. Loading Something is loading. Thanks for signing up! Access…

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AGNC Investment Corp. Declares Fourth Quarter Dividends on Preferred Stock

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BETHESDA, Md., Dec. 9, 2022 /PRNewswire/ — AGNC Investment Corp. (Nasdaq: AGNC) (“AGNC” or the “Company”) announced today that its Board of Directors has declared cash dividends for the fourth quarter 2022 on its 7.00% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) underlying its outstanding depositary shares (Nasdaq: AGNCN),…

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Wall Street falls as US inflation slows but remains hot

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Stocks are closing lower on Wall Street after a report showed inflation is slowing, though not by as much as hoped. The S&P 500 fell 0.7% Friday, marking its first losing week in the last three. The weakness came after the U.S. government reported that prices at the wholesale level were 7.4% higher in November…

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Federal Reserve Events

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Breadcrumb Trail Links PMN Politics PMN News Author of the article: Publishing date: Dec 09, 2022  •  29 minutes ago  •  3 minute read Join the conversation Article content ***Denotes a new entry. ——————————————————– FOMC MEETING DATES: NP Posted Sign up to receive the daily top stories from the National Post, a division of Postmedia Network…

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