March 15, 2025

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Stocks wobble with inflation data in focus

  • May 13, 2024

Companies in the S&P 500 (^GSPC) have reported what’s broadly been considered a solid Q1 earnings season for the index, with one key exception: drugmaker Bristol Myers Squibb (BMY). Last month, the company reported a massive loss per share in the first quarter on charges related to a series of acquisitions and cut its profit

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Finance

Stocks edge higher with inflation data in focus

  • May 13, 2024

US stocks opened higher on Monday, ready to build on a string of gains as attention turned to the coming inflation report seen as a potential starting gun for interest rate cuts. The S&P 500 (^GSPC) rose roughly 0.2%, while the tech-heavy Nasdaq Composite (^IXIC) moved up about 0.2%. The Dow Jones Industrial Average (^DJI)

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