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The market fell hard this week, leaving the S&P 500 just one point above its 200-day moving average. The Nasdaq and Dow weren’t so lucky — failing to hold above their 200-days into the close today. So which way will the market head from here? Please take part in our Bespoke … Read entire story.
Source: Think BIG
After a significantly weaker than expected Empire Manufacturing report on Wednesday, today’s regional manufacturing report from the Philadelphia Fed showed a modest decline, but still managed to exceed expectations. While economists were expecting a level of 19.8, the actual reading came in at 20.7, down from last month’s level of 22.5. As shown …
(Reuters) – A Tesla shareholder filed a lawsuit on Thursday accusing CEO Elon Musk of insider trading when he sold over $7.5 billion of shares of the electric car maker in late 2022, saying the billionaire entrepreneur sold the shares before potentially disappointing production and delivery numbers were made public. Shareholder Michael Perry, in the […]
(Reuters) – EBay Inc raised its reported fourth-quarter net income by $87 million to reflect a reduction in income tax expense.