What to Know This Week: Fed's favorite inflation gauge and Big Tech earnings greet a slumping stock market
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The market rally is at its most fragile point in months.
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US stocks surged on Friday, as upbeat earnings from Apple lifted spirits and a weaker-than-expected jobs report revived bets that the Federal Reserve could cut interest rates sooner than thought.
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Published 05/03/24
US stocks strode higher Thursday in a calm after the Fed day storm, as investors set aside rate worries for now to focus on Apple earnings and the coming monthly jobs report.
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Published 05/02/24
US stocks were a mixed bag on Wednesday as investors digested commentary from the Federal Reserve chair Jerome Powell after the central bank held interest rates steady at its latest policy meeting.
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Published 05/01/24
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