U.S. stocks wavered Wednesday during midday trading to start March as key manufacturing data offered mixed results and two Federal Reserve officials suggested a more aggressive rate-hiking campaign in the coming months. The S&P 500 (^GSPC) neared the flatline around noon. The Dow Jones Industrial Average (^DJI) edged up 0.2%. […]
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U.S. shares shut Wednesday decrease as an additional bout of earnings results strike traders’ desks and Wall Street weighed the outlook for desire prices immediately after Federal Reserve Chair Jerome Powell signaled more hikes may be needed than marketplaces are pricing in. The S&P 500 (^GSPC) declined 1.1%, though the […]
U.S. stocks wilted Tuesday morning following back again-to-back again times of gains as traders evaluated another spherical of quarterly fiscal benefits from corporations. Stocks resumed common trading just after dozens of names on the New York Stock Exchange (NYSE) were being halted for volatility soon just after marketplaces opened. “The […]
U.S. shares slid Wednesday just after the government’s regular retail product sales report showed a slowdown in customer paying action, while a reading on wholesale inflation showed cooling rates. Wall Avenue also continued to parse by corporate money updates for symptoms of the “earnings recession” many analysts have warned about. […]
Sales of existing homes fell in October for the ninth straight month, down 5.9% from a month earlier as buyers faced mortgage rates that have doubled in the past year, the National Association of Realtors said on Friday. Sales, at an annual pace of 4.43 million, are now 28.4% below […]
(RNS) — When the COVID-19 pandemic hit, many Americans lost the habit of churchgoing after almost every church in the country closed down their in-person services and shifted online. But did some of them give up on God? Sociologists like Michael Hout want to know. Hout, a professor of sociology […]