Stocks end higher, closing out best week since February

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Technology companies led a rally on Wall Street that powered the Standard & Poor's 500 to an all-time high and gave the index its best weekly gain since February.

Uber has mishandled onboarding for transgender and nonbinary drivers, who faced rejected IDs, suspended accounts and safety concerns.

Analysts say the elevated inflation figures ramp up the pressure on the Fed to follow through on Powell’s comments. Many investors also expect the Fed to start raising interest rates from current ultra-low levels starting in the middle of next year. Investors’ worries over Omicron eased this week amid encouraging signs that the variant may be less dangerous than Delta. Pfizer said this week that its lab tests suggested the drugmaker’s COVID-19 boosters provide protection against the new strain.

 

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Stocks close lower on Wall Street as rally momentum coolsA sell-off on Wall Street left stocks broadly lower Thursday, giving back some of the market's gains from a three-day winning streak.
Source: latimes - 🏆 11. / 82 Read more »

U.S.-China rift puts U.S.-listed Chinese stocks against a great wall --- and investors will pay a priceOPINION: The SEC threatened to delist Chinese stocks that trade in the U.S. if they do not make their accounting books and auditing records available for inspection. The threat in fact could be playing into China’s hands. I’m sure paying to your biggest competitor is good news for US Companies just won’t do it. Totally a good plan. Not worth the risk to the markets.
Source: MarketWatch - 🏆 3. / 97 Read more »

How A Sleepy Southern Chain Became One Of The Pandemic's Top Performing StocksDillard's, the department store owned by a secretive clan, has hit 50-year highs, far outpacing rivals like Nordstom, Macy's and Kohl's.
Source: Forbes - 🏆 394. / 53 Read more »

Stocks making the biggest moves premarket: Chewy, Lululemon, Beyond Meat, Peloton & moreThese are the stocks posting the largest moves before the bell. NVAX novavax Novavax $NVAX ‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️♥️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️STRONG BUY NOVAVAX INC.
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How A Sleepy Southern Chain Became One Of The Pandemic's Top Performing StocksDillard's, the department store owned by a secretive clan, has hit 50-year highs, far outpacing rivals like Nordstom, Macy's and Kohl's. “Fifty decades later” is 500 years...
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Meme stocks continue to tumble as retail investors digest so much newsGameStop and AMC Entertainment finish week on very sour notes as cloudy earnings, sudden CEO distrust, short-seller investigations, and hot social media... Retail is not selling meme stocks. Stop reporting that we are. We aren’t. Fake news. I already proved that naked shorting exists on at least one stock on Webull using its API, legally, so we don’t need the NFT dividend. And insider sells are a normal thing. We’re good. Suck it
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