Morgan Stanley strategists tout health stocks in "late cycle" market
By Lewis Krauskopf NEW YORK Morgan Stanley equity strategists said on Monday that markets are in a "late
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Americans have never been wealthier
Fueled by a resurgent stock market and rising home values, US household wealth hit a record $154.3 trillion during the second quarter of this year, according to federal data.
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What China's new smartphone means for Wall Street
Stock prices of chipmakers have soared over the last year as AI became the story of 2023. But in recent weeks, there's been a notable drop in those shares as growing tensions between the US and China cloud their outlook.
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Futures advance after a dull week on gains in Tesla
U.S. stock index futures gained on Monday, boosted by Tesla shares, and ahead of inflation data later this
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The problem with labor data in understanding inflation
US inflation has slowed markedly over the past year as the Federal Reserve raised interest rates aggressively to cool demand and slow price increases. The job market hasn't cooled as much and there's always speculation over what the latest monthly jobs report means for the Fed.
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Investor hopes for US soft landing ride on inflation data
By David Randall NEW YORK U.S. stock investors are turning their focus to next week’s inflation data, which
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US furniture retailer RH shares tumble as slowing sales prompt dour revenue forecast
By Chibuike Oguh NEW YORK Shares of U.S. home furniture retailer RH dropped more than 15% on Friday
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UBS executives sold over $15 million shares in September
UBS executives have sold millions in shares since the Swiss bank announced its second quarter results, according to
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Futures fall on investor caution ahead of inflation data
U.S. stock index futures were muted on Friday ahead of a fresh inflation reading next week against the
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Apple lost $200 billion in two days after reports of iPhone ban in China
Shares of Apple fell by 3.4% on Thursday following reports that China plans to expand a ban on the use of iPhones to government-backed agencies and companies.
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Why stocks could avoid a steep selloff this September
US stocks typically see their worst performance of the year in September, but there are signs the market could avoid a steep downturn this time around.
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Apple tumbles, drags Wall Street lower as fears grow over China iPhone curbs
Apple fell nearly 4% on Thursday and sparked a rout in U.S. equities after reports that China has
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