NEW YORK — U.S. stocks are hanging around their records ahead of a big jobs report due on Friday. The crypto market had much more action, and bitcoin burst to a record above $103,000. The S&P 500 was flat early Thursday after setting an all-time high for the 56th time this year the day before. The Dow Jones Industrial Average slipped 34 points, while the Nasdaq composite rose 0.1%.
Dollar General, another discount retailer, gained close to 2% in premarket after it topped sales projections but missed on Wall Street’s per-share profit targets. Yoon accepted his defense minister's resignation Thursday as opposition parties moved to impeach them both. The main opposition Democratic Party and other small opposition parties submitted a joint motion to impeach President Yoon Suk Yeol on Wednesday over his martial law declaration.
The central bank had appeared set to continue cutting rates into next year, but the election of Donald Trump has scrambled Wall Street’s expectations somewhat. Trump’s preference for higher tariffs and other policies could lead to higher inflation, which could alter the Fed’s plans.
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Stock market today: Wall Street drifts after inflation update comes in as expectedNEW YORK (AP) — U.S. stocks drifted near their records after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates. The S&P 500 ended little changed Wednesday.
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Stock market today: Wall Street opens higher as it heads for a winning weekNEW YORK (AP) — Stocks are opening higher on Wall Street, keeping the market on track for its fifth gain in a row. The S&P 500 was up 0.1% in early trading Friday. The Dow Jones Industrial Average climbed 65 points, or 0.
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Stock market today: Wall Street drifts as Target tumblesNEW YORK (AP) — U.S. stocks drifted to a mixed finish, though the modest moves for indexes masked some thrashing underneath the surface. The S&P 500 ended barely changed Wednesday after trading lower for much of the day.
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Stock market today: Wall Street rallies on Election Day as economy remains solidNEW YORK (AP) — U.S. stocks rallied as voters headed to the polls on the last day of the presidential election and as more data piled up to show the economy remains solid. The S&P 500 rose 1.
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Stock market today: Most of Wall Street rises after the Fed cuts interest ratesNEW YORK (AP) — Most U.S. stocks rose as the Federal Reserve cut interest rates again to make things easier for the economy. The S&P 500 climbed 0.7% Thursday.
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Stock market today: Wall Street rises following last week's slideNEW YORK (AP) — Most U.S. stocks ticked higher to recover some of their sharp slide from last week. The S&P 500 rose 0.4% Monday for its first gain in three days. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite gained 0.
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