Stock market news today: Stocks lose steam as Wall Street puzzles over Fed

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Eyes are on Fed Chair Jerome Powell's second appearance this week as policymakers send mixed messages on strategy.

Wall Street stock futures were broadly unchanged on Thursday, as investors kept an eye on Federal Reserve policymakers for more clues to interest-rate strategy after a series of mixed messages.The market will watch for Jerome Powell to let slip any clues to the chance of a rate cut when he speaks later, after the Fed chair stayed quiet on monetary policy at his appearance Wednesday.

CALGARY — Suncor Energy Inc. says it earned a profit of $1.54 billion in the third quarter of 2023, compared to a net loss of $609 million in the prior year's quarter. The Calgary-based energy giant says its earnings work out to $1.19 per share, compared to a loss of 45 cents per common share in the same three months of 2022. On an adjusted basis, Suncor earned $1.98 billion or $1.52 per common share in the third quarter of 2023, compared to $2.57 billion or $1.

 

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