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Stock news

Get unlimited access to IBD’s stock idea lists, exclusive ratings and unmatched market analysis. 3 out of 4 stocks move in the same direction as the general market… Shaun Cochran of CLSA says markets are about to face period of macro slowdown and tightening of earnings, among other things, and adds that a peaking process has probably begun. Nomi Prins, author of “Permanent Distortion,” says she expects the U.S.

Investors Are Terrified About Where Interest Rates Will Land, Says Wealth Management Firm

Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. This JPMorgan superbull who called the summer rally sees a soft landing ahead. Get the latest updates on US markets, Forex news world markets, stock quotes, crypto, commodities and currencies. The stock market’s recent rally continued Monday, with the major market indexes closing today at their highest levels since late August. The gains came ahead of tomorrow morning’s release of the August …

Stock news

This superbull at JPMorgan who called the summer rally sees a soft landing ahead. Lumen Technologies Inc. said Tuesday Chief Executive Jeff Storey will step down from his role and retire, after a 40-year career in the telecommunications and technology industries. The telecommunications company said it named Kate Johnson as its new CEO, with the transition date expected to be Nov. 7. Johnson most recently led Microsoft Corp.’s largest business, Microsoft U.S., for the past four years.

Top Stocks By Target Price

Credit Suisse expects the Federal Reserve to pause interest rate hikes in four to six months due to tumbling inflation. The Federal Reserve will deliver another 75-basis-point interest rate hike next week and likely hold its policy rate steady for an extended period once it eventually peaks, according to a Reuters poll o… Lin Jing Leong of Columbia Threadneedle Investments says as long as inflation in the U.S. does not go down to its 2% target, the U.S. UBS Group AG plans to increase its dividend by 10% to $0.55 per share and expects its 2022 share repurchases to exceed $5 billion, the Swiss bank said on Tuesday.

  • The daily average for new cases stood at 68,312 on Monday, according to a New York Times tracker, down 24% from two weeks ago.
  • Crude oil refining capacity has shrunk by a record 3.8 million barrels per day from March 2020 to mid-2022 as demand expanded, setting the stage for fuel markets to remain very tight until at least mid-…
  • U.S. stock futures inched higher ahead of fresh inflation data that could be key to determining the pace of interest-rate increases for the rest of the year.
  • Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers.
  • T-Mobile Has a Bold Plan to End Smartphone ‘Dead Zones’The mobile phone company has thrown down the gauntlet to AT&T and Verizon once again and it’s inviting global carriers to help.

The company said late Monday the restructuring, which should be completed by year end, is aimed at cutting costs and streamlining the organizational structure. Preferred stocks can offer hidden opportunities for dividend investors. Other market data may be delayed by 15 minutes or more. If investors are apprehensive about Tuesday’s consumer price index report, they weren’t showing it Monday.

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