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    Check out the companies making headlines in extended trading. CSX — The rail transport and real estate stock ticked up about 1% after CSX beat Wall Street estimates on the top and bottom lines in the first quarter. The railway company posted earnings of 46 cents per share on revenue of $3.68 billion, while analysts ...
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    Check out the companies making headlines in midday trading. United Airlines — Shares surged 14% after the airline posted a narrower-than-expected loss in the first quarter. Quarterly revenue came in at $12.54 billion, topping an LSEG estimate of $12.45 billion. Travelers Companies — The insurance stock fell 8% after a disappointing first-quarter report. Travelers said ...
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    Check out the companies making the biggest moves in premarket trading: Eli Lilly , ResMed — Eli Lilly’s stock moved 2% higher following the pharmaceutical giant’s announcement that its weight loss drug Zepbound showed the potential to treat patients with obstructive sleep apnea. Shares of ResMed, which makes devices to treat the sleep-related breathing disorder, ...
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    Financial Counsellor and Director of the Monetary and Capital Markets Department Tobias Adrian hold the press briefing of the Global Financial Stability Report at the International Monetary Fund during the 2024 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group in Washington DC, United States on April 16, 2024. Anadolu | ...
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    As I mentioned earlier, the chair of the US Federal Reserve made some comments at a forum there that have rattled investors. “More recent data shows solid growth and continued strength in the labor market, but alsoa lack of further progress so far this year on returning to our 2% inflation goal,” Jerome Powell told a ...
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    With the conflict between Israel and Iran escalating in the Middle East, and inflation proving more difficult to tame than expected domestically, the stock market’s meteoric rise has finally been halted—at least for now. After surging more than 27% between the end of last October and March 28, the S&P 500 has dropped roughly 4% ...
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    Several major gauges of fear in the market are reflecting increased alarm from investors. The Cboe Volatility Index , a measure of anticipated market instability that’s known as Wall Street’s “fear gauge,” topped 19 on Monday and closed at its highest level since October. It neared the key level of 20 in late fall of ...
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    Monday was another rollercoaster for the market, and the ride may not be over yet. Stocks opened higher to start Monday’s session, bouncing back after earnings and geopolitical tensions weighed on the market at the end of last week. But the optimism didn’t last, leaving the S&P 500 down some 62 points, or1.2%, by the ...
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    Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. The S & P 500 fell modestly Tuesday — as Wall Street digested another move higher for bond yields, monitored tensions in the Middle East, and analyzed a fresh basket ...
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    (Repeating item sent previously with no changes to text; the opinions expressed here are those of the author, a columnist for Reuters) ORLANDO, Florida, April 15 (Reuters) – Hedge funds have built up their biggest bet against the yen in 17 years, raising the prospect that when Japan’s embattled currency does rebound from its 34-year ...