Tag Archives: higher

Stocks tumble after Powell’s slower but higher cues

Stocks tumble after Powell’s slower but higher cues

U.S. stocks fell lower Thursday as Wall Street reeled from assertions by Federal Reserve Chair Jerome Powell that hopes for a policy pivot were “premature” after the central bank delivered a fourth consecutive interest rate hike of 75 basis points. The S&P 500 (^GSPC) sank 1.1% after the index plunged 2.5% in the previous session, its worst loss on a Fed day since January 2021, per Bloomberg data. The Dow Jones Industrial Average (^DJI) shed 150 points, or 0.5%, and the technology-focused… Source link

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McDonald’s customers aren’t pushing back on higher prices, analyst says

McDonald’s customers aren’t pushing back on higher prices, analyst says

McDonald’s (MCD) customers in the U.S. are still lovin’ the fast food chain, even with higher prices. In the third quarter, U.S. sales at the Golden Arches increased by 6.1% as more customers made their way back inside restaurants while delivery sales saw a record-high quarter and drive-through sales returned to pre-COVID levels. This positive momentum came despite menu prices increasing by 10% year-over-year. “McDonald’s in the U.S. had positive traffic — not many restaurants today have… Source link

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Stocks push higher as Apple boom outweighs Amazon miss

Stocks push higher as Apple boom outweighs Amazon miss

  U.S. stocks elbowed their way past an earnings miss from Amazon to charge higher Friday, boosted by an Apple beat that helped offset some concerns from a a rough week of third-quarter Big Tech results. The S&P 500 (^GSPC) gained 1.6%, while the Dow Jones Industrial Average (^DJI) bounced nearly 600 points, or 1.8%. The tech-heavy Nasdaq Composite (^IXI) rose 1.7%. The moves came as Treasury yields charged back above 4%. On the economic data front, the Federal Reserve’s preferred inflation… Source link

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Stock futures edge higher ahead of inflation report, Fed minutes

Stock futures edge higher ahead of inflation report, Fed minutes

U.S. stock futures were higher Wednesday but pared some earlier gains as investors weighed producer price data that came in slightly higher than expected. S&P 500 futures (^GSPC) rose 0.2% while futures on the Dow Jones Industrial Average (^DJI) ticked up 0.15%. The technology-heavy Nasdaq Composite (^IXIC) rose by 0.2%. Wall Street has been keeping a close eye on monetary action overseas, as Bank of England Governor Andrew Bailey announced the bank would end its emergency bond-buying program… Source link

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Help your practice rank higher in local Google searches

Help your practice rank higher in local Google searches

A robust online presence is crucial if you’re looking to acquire new patients, grow your practice, and increase revenue. Online searches are used every day to find just about everything: a nice restaurant, curated cocktails, a coffee shop, and even the friendly neighborhood eye doctor. A robust online presence is crucial if you’re looking to acquire new patients, grow your practice, and increase revenue. With this in mind, ensuring your private practice ranks high in local and “near… Source link

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Stock futures higher after August jobs report

Stock futures higher after August jobs report

U.S. stocks opened Friday’s trading session higher following an in-line August jobs report. Shortly after the opening bell, the S&P 500 was up 0.7%, the Nasdaq up 0.7%, and the Dow was up about 150 points, or 0.5%. This jump follows a volatile trading session on Thursday that saw all three major indexes sink before paring losses, with the S&P 500 and Dow finishing September’s first trading session in the green. Data from the Labor Department published Friday morning showed nonfarm payrolls grew… Source link

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‘Limited’ oil and gas capacity could send prices higher in 2023, analyst says

‘Limited’ oil and gas capacity could send prices higher in 2023, analyst says

Oil prices could spike again by the beginning of 2023, says one analyst. “Domestically, whether it’s oil or it’s gas, these companies have very very limited incremental capacity at this time,” Truist Securities Managing Director of Energy Research Neal Dingmann told Yahoo Finance Live. U.S natural gas prices rallied on Monday to new 14-year highs over reserve concerns and the energy crisis in Europe. Oil prices declined during the session amid worries of a global slowdown and the prospects of… Source link

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2 reasons the ‘risk of recession is getting higher and higher’: Mohamed El-Erian

2 reasons the ‘risk of recession is getting higher and higher’: Mohamed El-Erian

The risk of a recession “is getting higher and higher,” says veteran economist Mohamed El-Erian. “My definition of a recession is a holistic definition. It goes well beyond two quarters of negative GDP,” said the chief economic advisor of Allianz and former CEO of PIMCO. “The labor market is too strong. Consumer spending is too strong. Business balance sheets are too strong. We simply are not in a recession. Is the risk of recession high? Yes, it is high and getting higher,”… Source link

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Biden launches programs to help Americans deal with extreme heat and higher air-conditioning bills

Biden launches programs to help Americans deal with extreme heat and higher air-conditioning bills

As the nation swelters through a summer filled with record-high temperatures, the Biden administration is unveiling a new set of actions intended to help Americans cope with the heat and the soaring electricity costs that accompany it. On Tuesday, the federal government launched Heat.gov, a website that promotes planning and preparedness for the extreme heat waves made more frequent because of climate change. The website is the public portal for the National Integrated Heat Health Information… Source link

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Tech leads stocks higher as earnings rush in, ECB hikes rates

Tech leads stocks higher as earnings rush in, ECB hikes rates

Technology stocks led markets higher for a third straight session Thursday as investors mulled a slew of mixed earnings and a surprise rate hike from the European Central Bank. The tech-heavy Nasdaq Composite gained 1.3%, while the benchmark S&P 500 index rose 1%. The Dow Jones Industrial Average added 160 points, or 0.5%. Shares of Amazon (AMZN) pushed higher for a seventh straight day, placing the e-commerce giant on pace for its longest winning streak since June 2020. The stock climbed 13%… Source link

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