U.S. Stocks End Turbulent Week Mostly Lower
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Nasdaq posts worst weekly performance since 2022. Israel’s retaliatory strike on Iran spooks oil investors. And tech stocks fall amid stronger-than-expected economic data and stubborn inflation. Danny Lewis hosts.
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Plus: Paramount Global shares jump after Sony Pictures and Apollo Global Management make a $26 billion offer. Cigna shares fall after the healthcare company reports a quarterly loss. J.R. Whalen reports.
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Published 05/02/24
Published 05/02/24
Plus: Peloton says CEO Barry McCarthy is stepping down and it reduces its global workforce by 15%. Exxon Mobil agrees not to add Pioneer Natural Resources CEO Scott Sheffield to its board as part of a deal to acquire the company. J.R. Whalen reports.
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Published 05/02/24
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