Slightly More Americans Apply for Unemployment Benefits Last Week, but Layoffs Remain at Low Levels
The number of Americans applying for jobless aid ticked up last week but layoffs remain at historically low levels
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Federal Reserve Cuts Its Key Interest Rate by a Quarter-Point Amid Postelection Uncertainty
The Federal Reserve cut its key rate by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week
Most of Wall Street Rises After the Fed Cuts Interest Rates
Most U.S. stocks rose as the Federal Reserve cut interest rates again to make things easier for the economy
Virgin Galactic Stock Down After Earnings Miss, Plan to Sell Shares
Shares of Virgin Galactic declined after the company reported lower third-quarter revenue that missed analyst expectations and plans to sell shares at an offering price of up to $300 million.
Hanesbrands (NYSE:HBI) Shares Up 20.1% – Still a Buy?
Shares of Hanesbrands Inc. (NYSE:HBI – Get Free Report) rose 20.1% during mid-day trading on Thursday . The company traded as high as $8.70 and last traded at $8.53. Approximately 2,931,053 shares were traded during trading, a decline of 62% from the average daily volume of 7,737,967 shares. The stock had previously closed at $7.10.
Coca-Cola (NYSE:KO) Trading 0.3% Higher – Here’s Why
Shares of The Coca-Cola Company (NYSE:KO – Get Free Report) rose 0.3% on Thursday . The company traded as high as $64.35 and last traded at $63.90. Approximately 3,162,388 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 13,223,286 shares. The stock had previously closed at $63.70.
First Watch Restaurant Group (NASDAQ:FWRG) Stock Price Up 12.3% – Here’s Why
Shares of First Watch Restaurant Group, Inc. (NASDAQ:FWRG – Get Free Report) rose 12.3% on Thursday . The stock traded as high as $20.60 and last traded at $20.50. Approximately 106,528 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 573,390 shares. The stock had previously closed at $18.25.
Pfizer (NYSE:PFE) Shares Up 0.4% – Here’s Why
Pfizer Inc. (NYSE:PFE – Get Free Report)’s stock price rose 0.4% during trading on Thursday . The stock traded as high as $27.59 and last traded at $27.47. Approximately 9,234,457 shares were traded during trading, a decline of 75% from the average daily volume of 37,312,910 shares. The stock had previously closed at $27.36.
Italy Opens Procedure Against China’s Sinochem for Possible Breach of Pirelli Governance
Italy has opened up an administrative procedure against China’s Sinochem, the largest shareholder in Italian tiremaker Pirelli, over possible violations of restrictions placed by Rome to protect strategic assets
50 European Leaders Assess How Trump Will Affect Their Fortunes and Seek a Common Stance on Russia
Around 50 European leaders have reassessed their trans-Atlantic relations at a special summit in Budapest, in the hope that Donald Trump’s second U.S. presidency will avoid the strife and political pitfalls of his first
Weekly Market Review – November 23, 2024
Wall Street Rises With Nvidia as Bitcoin Bursts Above $99,000
US Regulators Seek to Break up Google, Forcing Chrome Sale as Part of Monopoly Punishment
Feds Outline ‘Necessary Steps’ for Colorado River Agreement by 2026 but No Recommendation Yet
Nvidia Beats Earnings Expectations as Investors Eye Demand for Blackwell AI Chips
Merck & Co., Inc. (NYSE:MRK) Shares Up 0.3% – Should You Buy?
Visa (NYSE:V) Shares Up 0.6% – What’s Next?
Advanced Micro Devices, Inc. (NASDAQ:AMD) Stock Position Raised by Charles Schwab Investment Management Inc.
Amazon.com (NASDAQ:AMZN) Stock Price Down 1.9% Following Insider Selling
Ukraine Has Seen Success in Building Clean Energy, Which Is Harder for Russia to Destroy