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Stocks Slide On Strong Jobs Report

Stocks Slide On Strong Jobs Report

The Dow Jones Industrial Average trimmed losses Friday morning after a stronger-than-expected July jobs report. Square-parent Block (SQ) dived as much as 7.6% on its earnings report before slashing losses. And Tesla stock traded lower after shareholders approved plans for a 3-for-1 stock split. X Key earnings movers Friday include AMC Entertainment (AMC), Amgen (AMGN), Funko …

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Asian stocks slide with U.S. yields on Pelosi jitters; Aussie drops

Asian stocks slide with U.S. yields on Pelosi jitters; Aussie drops

A man wearing a protective face mask, amid the coronavirus disease (COVID-19) pandemic, walks past a screen showing Shanghai Composite index, Nikkei index and Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, February 14, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register TOKYO, Aug 2 (Reuters) – Asia stocks …

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Johnson & Johnson is a buy as shares slide after its quarterly earnings report

Johnson & Johnson is a buy as shares slide after its quarterly earnings report

Johnson & Johnson (JNJ) reported second-quarter earnings results on Tuesday that beat analysts’ expectations. Reported sales increased 3% year over year to $24.02 billion, or 8.1% growth on an adjusted operational sales basis (which excludes the impact of acquisitions and divestitures and currency), exceeding expectations of $23.77 billion on FactSet. Adjusted earnings per share increased …

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U.S. stocks slide to start the week as China COVID restrictions spark global growth fears

U.S. stocks slide to start the week as China COVID restrictions spark global growth fears

U.S. stock futures stumbled on Monday as China COVID fears sparked fresh global growth concerns. How stocks are trading The Dow Jones Industrial Average DJIA fell 174 points or 0.6%, to 31,164. The S&P 500 SPX shed 44 points, or 1.1%, to 3,856. The Nasdaq Composite COMP was down 218 points, or 1.9%, at 11,417. …

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Shares slide ahead of U.S. inflation data, earnings hurdles

Shares slide ahead of U.S. inflation data, earnings hurdles

People pass by an electronic screen showing Japan’s Nikkei share price index inside a conference hall in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register European shares down 1.3%, S&P 500 futures off 0.8% Dollar tops 137 yen before U.S. CPI, inflation expectations Banks kick off earnings …

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Stocks Slide As Tesla Drops On Slower Q2 Deliveries

Stocks Slide As Tesla Drops On Slower Q2 Deliveries

The Dow Jones Industrial Average dived 600 points Tuesday morning, signaling a weak start to the holiday-shortened week. Tesla stock skidded after the company reported weaker-than-expected deliveries in the second quarter. X Netherlands-based chip equipment maker ASML Holding (ASML) fell hard as chip stocks continued reeling in the wake of Micron Technology‘s (MU) weak quarterly …

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Week of rate hikes has stocks on course for steepest slide since 2020

Week of rate hikes has stocks on course for steepest slide since 2020

Pedestrians are reflected in a window in front of a board displaying stock prices at the Australian Securities Exchange (ASX) in Sydney, Australia, February 9, 2018. REUTERS/David Gray/File Photo Register now for FREE unlimited access to Reuters.com Register Everyone except the BOJ is hiking Stocks sink as economy risks grow Yen slips as BOJ leaves …

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Stock market news lives updates: Stocks slide to 2022 lows amid renewed recession concerns

Stock market news lives updates: Stocks slide to 2022 lows amid renewed recession concerns

U.S. stocks sank Thursday as investors weighed the potential economic costs of the Federal Reserve’s ongoing fight with inflation. The S&P 500 fell by more than 3.4% before paring some losses, and the index reached its worst intraday level of the year. It also erased gains after rising 1.5% on Wednesday. The Nasdaq Composite plunged …

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Asian stocks slide as Fed hike fears tip Wall St into bear market

Asian stocks slide as Fed hike fears tip Wall St into bear market

HONG KONG, June 14 (Reuters) – Asian shares slid sharply and the safe-haven dollar held near a two-decade peak on Tuesday after Wall Street hit a confirmed bear market milestone on fears aggressive U.S. interest rate hikes would push the world’s largest economy into recession. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell …

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Stocks gain on improved sentiment, crude at $120

Stocks slide, dollar gains on hot U.S. inflation data

NEW YORK, June 10 (Reuters) – U.S. and European stocks slid while the dollar strengthened on Friday after hot U.S. consumer price data for May raised the likelihood that the Federal Reserve will prolong an aggressive campaign of hiking interest rates to tame inflation. The consumer price index accelerated 1.0% last month after gaining 0.3% …

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