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Stock Market News for May 31, 2024
Zacks via Yahoo Finance· 2 days agoU.S. stock Markets closed sharply lower for second consecutive day following disappointing earnings results and guidance of a technology giant. This...
Software stocks got pummeled this week after a cluster of troubling earnings reports
NBC Philadelphia· 1 day agoSalesforce's disappointing revenue and weak guidance sent the stock to its biggest drop since 2004....
Thursday was a sour day for the US economy — with an important silver lining
CNN Business via Yahoo Finance· 3 days agoWeekly jobless claims data, considered a proxy for layoff activity, can be highly volatile and is...
The American shopping spree is losing steam – KION546
KION 46 Salinas· 3 days agoYears of elevated inflation and the highest interest rates in almost a quarter century are wearing...
American Airlines backtracks on changes to how passengers earn miles and Loyalty Points - The Points...
The Points Guy· 4 days agoAmerican Airlines is canceling changes that it planned to make to its booking experience, which...
Best Buy extends streak of quarterly sales slumps
MPR News· 3 days agoThe earnings results from Best Buy and Kohl's, announced Thursday, offer the latest evidence of consumers' cautious spending amid a challenging economic...
What’s News in Markets: Wrong AI, Troubled Retailers, Trump Volatility - What’s News - WSJ Podcasts
The Wall Street Journal· 1 day agoSo I talk to you guys a lot about AI, and usually the narrative is that it's bringing in gangbusters demand for tech companies, right? This week flipped the script a little bit and, yes, I will ...
Asian Shares Mixed As China PMI Data Disappoints
RTT News· 2 days agoAsian stocks ended on a mixed note Friday even as a downward revision to U.S. first-quarter GDP data revived hopes for Fed rate cuts this year. Regional gains were capped by hawkish comments ...
Rising Treasury Yields May Weigh On Wall Street
RTT News· 4 days agoThe major U.S. index futures are currently pointing to initial weakness on Wall Street on Wednesday, with stocks likely to move mostly lower following the mixed performance seen in the previous ...
Bitcoin Price Prediction: BTC Soars to $67,900; Mixed US Inflation Data & Fed Rate Cut Hopes Fuel...
Cryptonews· 2 days agoBitcoin surges to $67,900 as investors react to mixed US inflation data and growing anticipation of a potential Federal Reserve rate cut.