Category: Market News

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Testing Resilience: US Stock Rally Faces Red Sea Tension Headwinds

An assault on a U.S. warship and commercial vessels in the Red Sea is sparking concerns among investors regarding a potential escalation in the Israel-Hamas conflict. This development adds complexity to the recently optimistic outlook for the U.S. stock rally, which achieved a new closing high for the year just...

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Federal Reserve Talks and GDP Numbers Stall Stocks in Today’s Market

On Wednesday, the US stock market displayed a mixed performance as investors grappled with the prospect of the Federal Reserve implementing an earlier-than-expected interest rate cut. Additionally, updated data revealed a faster growth rate in the US economy for the third quarter than previously reported. The Dow Jones Industrial Average...

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Fed Watch: US Stock Futures Reflect Caution Ahead of Crucial Remarks from Federal Reserve

Nov 28 (Reuters) – U.S. stock index futures experienced a slight downturn on Tuesday as investors eagerly awaited comments from various Federal Reserve officials regarding the future trajectory of interest rates. Concurrently, Zscaler shares faced a decline due to quarterly billings falling short of expectations. The momentum from Wall Street’s...