The Federal Reserve lowered its benchmark rate by a quarter point.Stock futures slipped Friday as the major indexes look to close out a week of postelection gains. So far this week, theis up 5.6%. Those results put both the Dow and the S&P on pace for their best weeks since November 2023. FollowFederal Reserve Board Federal Reserve Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in Washington on November 07, 2024 in Washington, DC.
‘It's gross, it's unprofessional': Some LinkedIn users are being put off the platform by unsolicited flirtatious DMs Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly Earnings season is starting to wrap up, and it's been a stronger-than-expected round of results. More than 85% of S&P 500 companies have reported their most recent results as of midday Thursday. So far, earnings are about 8% higher than the year-ago period, and revenue is about 5% higher. Here are some of the most notable reports from Thursday after the bell:.
– CNBC's Hakyung Kim, Jeff Cox, Darla Mercado, Spencer Kimball, Lillian Rizzo, Gabrielle Fonrouge, Rohan Goswami, Annika Kim Constantino, Robert Hum, MacKenzie Sigalos, Ashley Capoot, Michael Wayland, Jonathan Vanian and Evelyn Cheng contributed to this report.
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