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U.S. stocks edged higher at Wednesday’s session open before giving up gains, continuing a sluggish start to the week as investors digested new economic data and awaited comments from Federal Reserve Chair Jerome Powell. The S&P 500 (^GSPC) slipped by 0.3% in early trading, while the Dow Jones Industrial Average (^DJI) was down by 0.6%. The technology-heavy Nasdaq Composite (^IXIC) ticked up by 0.2%. Stocks finished lower on Tuesday, even as concerns regarding China’s strict zero-COVID policy… Source link

SACRAMENTO, Calif. — The first time he saw it, De’Aaron Fox had to pull over his car on 5th Street. Either the Earth was blitzing open, or something from out of this world was raying down, because the brightest burst of purple the 24-year-old had ever seen, thousands of feet of towering glow, was beaming above the Golden 1 Center in downtown Sacramento and straight into outer space. Kings owner Vivek Ranadive wants aliens to see the purple blast — made from four, 1,000-watt RGB lasers… Source link

U.S. stocks ticked higher at Wednesday’s session open before giving up gains, continuing a sluggish start to the week as investors digested new economic data and awaited comments from Federal Reserve Chair Jerome Powell. The S&P 500 (^GSPC) inched lower by 0.1% in early trading, while the Dow Jones Industrial Average (^DJI) was down by 0.3%. The technology-heavy Nasdaq Composite (^IXIC) rose by 0.3%. Stocks finished lower on Tuesday, even as concerns regarding China’s strict zero-COVID… Source link

The global economic outlook for 2023 is murky at best, economists at Citi warn. “As we survey the prospects for the global economy, we see many reasons for concern, including continued challenges from the pandemic and the Russia-Ukraine war, high inflation, and headwinds from central bank rate hikes,” Citi chief economist Nathan Sheets wrote in a client note Wednesday. “Reflecting these factors, the global economy is likely to endure ‘rolling’ country-level recessions during the coming… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, November 30, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. The golf business has maintained most of the momentum it picked up during the COVID-19 pandemic. And the continued strength… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, November 30, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. The golf business has maintained most of the momentum it picked up during the COVID-19 pandemic. And the continued strength… Source link

November closes Wednesday. Before we hit December, there are four games on the slate. Here are some players to target, and to avoid, for your DFS lineups. GOALIE Matt Murray, TOR vs. SAN ($31): Since returning from injury, Murray has a 2.17 GAA and .938 save percentage through six starts. The Sharks are just below average in terms of goals per game, but they are also on the road for the second leg of a back-to-back, so that’s a knock against them Wednesday. GOALIE TO AVOID Cam Talbot, OTT vs…. Source link

Wednesday’s single-game slate at Yahoo features a match between Argentina and Poland with everything to play for in Group C. Argentina are heavy favorites but Poland lead the group by a point heading into the match. 2:00 pm: Poland vs. Argentina For detailed stats and odds, check out the DFS Fantasy Soccer: Argentina vs. Poland Cheat Sheet CASH GAME STRATEGY I can’t really make an argument for fading Lionel Messi ($33). He’s expensive because he’s going to be on the ball in attacking positions… Source link

U.S. stocks edged lower Tuesday as Wall Street continued a sluggish start to the week, with investors continuing to monitor China’s COVID policy and look ahead for Federal Reserve Chair Jerome Powell’s scheduled speech. The S&P 500 (^GSPC) was down 0.2%, while the technology-heavy Nasdaq Composite (^IXIC) ticked lower by 0.6%. The Dow Jones Industrial Average (^DJI) was virtually flat for the day. The slump came after all three stock indexes finished lower Monday, as protests against… Source link

Apple (AAPL) could have a few other problems on its hands in 2023 besides an uncertain manufacturing situation in China, according to one Apple bull on the Street. “I think there are two main issues lying ahead of Apple for 2023,” Oppenheimer analyst Martin Yang said on Yahoo Finance Live (video above). “Number one is we’ve seen two years of very strong upgrade and replacement cycle for iPhone, … and that replacement cycle strength may weaken into ’23 by two factors. One is the majority of… Source link