• Wall Street rallies for 5th day

    2 monthes ago - By Reuters

    Wall Street extended its rally into a fifth straight session on Thursday with whipsaw trading as investors responded to mixed comments by U.S. Federal Reserve Chairman Jerome Powell, while a warning from Macy's pummeled retail stocks. Fred Katayama reports.
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  • Wall Street shrugs off Macy's, rallies for fifth session

    2 monthes ago - By Reuters

    Wall Street extended its rally into a fifth straight day on Thursday in a session of whipsaw trading as investors responded to mixed comments by Federal Reserve Chairman Jerome Powell, while a warning from Macy's pummeled retail stocks.
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  • Wall Street seesaws higher after comments by Fed's Powell

    2 monthes ago - By Reuters

    Wall Street rose in a seesaw session on Thursday, tentatively on track for its fifth straight day of gains as investors responded to mixed comments by Federal Reserve Chairman Jerome Powell, while a warning from Macy's pummeled retail stocks.
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  • As China's economy gets the chills, some California firms catch a cold

    As China's economy gets the chills, some California firms catch a cold

    2 monthes ago - By Stl Today

    Apple Inc. isn't the only California company with a China problem. From Barbie dolls to bottles of Merlot, the slowdown in China's massive economy and the U.S.-China trade dispute are impeding sales growth for some other California companies doing business...
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  • Millennials are piling into Apple after it warned of a slowdown linked to China

    Millennials are piling into Apple after it warned of a slowdown linked to China

    2 monthes ago - By Business Insider

    Apple last week slashed its revenue guidance for the holiday quarter and blamed slumping sales on a slowdown in China.
    As shares faced selling pressure following the announcement, down as much as 10%, millennials traders on Robinhood were piling into the stock.
    Since peaking at $233.47 on October 3, Apple has lost 35% of its value. During the same time period, the number of Robinhood investors holding Apple shares increased by 30%.
    Watch Apple trade live.
    Apple last week sounded the alarm on a holiday sales slowdown, but investors on Robinhood, a no-fee trading app popular among...
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  • Millennials are piling into Apple after it warned of a slowdown linked to China

    Millennials are piling into Apple after it warned of a slowdown linked to China

    2 monthes ago - By Business Insider

    Apple last week slashed its revenue guidance for the holiday quarter and blamed slumping sales on a slowdown in China.
    As shares faced selling pressure following the announcement, down as much as 10%, millennials traders on Robinhood were piling into the stock.
    Since peaking at $233.47 on October 3, Apple has lost 35% of its value. During the same time period, the number of Robinhood investors holding Apple shares increased by 30%.
    Watch Apple trade live.
    Apple last week sounded the alarm on a holiday sales slowdown, but investors on Robinhood, a no-fee trading app popular among...
    Read more ...

     

  • Fed Chief Jerome Powell says an extended government shutdown could start to show in economic data

    2 monthes ago - By CNBC

    A prolonged government shutdown could have a negative impact on the U.S. economy, Federal Reserve Chairman Jerome Powell said Thursday.
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  • Fed Chief Jerome Powell says Apple's iPhone sales warning shows China economy is slowing

    2 monthes ago - By CNBC

    Federal Reserve Chairman Jerome Powell said Thursday that Apple's recent sales warning points to a slowdown in the Chinese economy.
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