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Stock market today: Wall Street drifts on signals of solid US economy, worries about DC uncertainty

  • U.S. Stocks are drifting as the S&P 500 fell 0.4% amid uncertainty regarding President Donald Trump's trade policies affecting the market.
  • Barry Bannister, chief equity strategist at Stifel, noted that a drop of over 10% from the all-time high is due to prices climbing faster than profits.
  • Sales of previously occupied homes and manufacturing growth exceeded economists' expectations, providing some market support.
  • The yield on the 10-year Treasury fell to 4.23% from 4.25% amid signals of a solid U.S. Economy, as mentioned by the Federal Reserve.
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Sydney Morning HeraldSydney Morning Herald
+4 Reposted by 4 other sources
Lean Left

ASX closes higher as Coles, Woolies surge after ACCC report

Woolworths and Coles shares surged, after the competition regulator found they were among the most profitable supermarkets in the world.

·Sydney, Australia
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  • 51% of the sources are Center
51% Center
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WKMG broke the news in Orlando, United States on Thursday, March 20, 2025.
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