samedi 30 juillet 2022

$1.3 billion jackpot winner faces mega tax bill

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Mega Millions winning ticket sold in $1.28B jackpot

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vendredi 29 juillet 2022

Stocks rally as S&P, Dow, Nasdaq wrap winning month

  • Stocks rally as S&P, Dow, Nasdaq wrap winning month

    U.S. stocks ended on a high note Friday ending the month of July with solid gains as investors reacted to strong quarterly earnings across technology. For the month, the Nasdaq Composite added 12.3% and the S&P 500 9.1%. While the Dow Jones Industrial Average added 6.7% and is within striking distance of exiting its bear market hit back in March.

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S&P, Dow, Nasdaq rise helped by Amazon, Apple, Chevron

  • S&P, Dow, Nasdaq rise helped by Amazon, Apple, Chevron

    U.S. stocks rose across the board helped by large-cap technology names including Apple and Amazon which both reported solid quarterly results. ExxonMobil, and Chevron also rallied as profits saw a big boost with rising oil prices. In commodities, oil neared $100 per barrel.

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Fed's preferred inflation gauge climbs in June, holding near 40-year high

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jeudi 28 juillet 2022

Dow, S&P, Nasdaq rally 1% as investors shake off recession confirmation

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Treasury Secretary Yellen holds press conference after GDP estimate shows US in recession

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Biden delivers remarks after GDP estimate shows US in recession

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Biden reacts to recession that he insisted wasn't coming

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US economy shrank 0.9% in the second quarter, entering technical recession

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JetBlue agrees to buy Spirit Airlines in $3.8B deal

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mercredi 27 juillet 2022

Nasdaq surges 4%, Dow adds 436 points after Fed pledges inflation fight

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Stocks hit session highs as Fed’s Powell concludes no recession

  • Stocks hit session highs as Fed's Powell concludes no recession

    All three of the major averages touched session highs after Federal Reserve Chairman Jerome Powell said the U.S. is not in a recession ahead of a fresh read on 2Q GDP due Thursday. Large-cap technology paced the gains with the Nasdaq Composite up nearly 4%, while the S&P 500 added over 3% and the Dow Jones Industrial Average added 471 points.

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Fed Chairman Jerome Powell speaks after latest interest rate hike

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Fed raises interest rates by 75 basis points in historic move to battle inflation

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Biden to end COVID-19 isolation after testing negative twice

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Microsoft, Google lift Nasdaq, Boeing aids Dow, S&P

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Stock futures higher ahead of Fed interest rate decision

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mardi 26 juillet 2022

Dow falls 229 points, Walmart worst performer off 7.6%

  • Dow falls 229 points, Walmart worst performer off 7.6%

    All three of the U.S. benchmark stock averages lost ground as investors reacted to a basket of disappointing earnings led by Walmart which cut its profit forecast due to inflation pressures. Shares were the worst Dow member dragging down consumer discretionary stocks which weighed on the S&P 500 and Nasdaq Composite with declines in Bed Bath and Beyond, Amazon and Dollar Tree shares. In commodities, oil slipped 1.8% to $94.98 per barrel.

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Walmart, GM drag stocks lower as Fed kicks off meeting

  • Walmart, GM drag stocks lower as Fed kicks off meeting

    U.S. stocks fell across the board pressured by Walmart, which cut its profit outlook due to inflation and General Motors, which saw profits sink tied to the supply chain crisis. This as the Federal Reserve begins its two-day meeting. In commodities, oil rose 1% to the $98 per barrel level.

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Stock futures lower as corporate earnings roll in, Walmart slides

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lundi 25 juillet 2022

Stocks finished mixed as corporate earnings, Fed decision await

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Stocks start busy week little changed

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vendredi 22 juillet 2022

Friday's winning Mega Millions numbers have been drawn

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Stocks end final trading session of week in the red

  • Stocks end final trading session of week in the red

    The Nasdaq Composite led the declines, falling 1.87% after being bogged down by Snap Inc. Shares of the social media company ended the day down 39%. Meanwhile, the Dow Jones Industrial Average finished the session down 137.61 points, or 0.43%, and the S&P 500 fell 0.93%.

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