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S&P 500 Closed Above 5,200 | What You Missed 5/09

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The stock market climbed to its highest level since early April, extending a rebound that’s been fueled by speculation the Federal Reserve will be able to cut interest rates this year. Equities rose as higher-than-estimated jobless claims reinforced bets on US policy easing — with the market extending gains after a $25 billion sale of 30-year bonds saw good demand. The S&P 500 topped 5,200, though trading volume was well below the average of the past 30 days.
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Kraken Is Investigating Bitcoin Selloff, CEO Says

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Feb.23 — “It’s hard to speculate about what’s driving the market action,” Kraken Exchange co-founder and CEO Jesse Powell said …

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Musk Dodges Questions in Live Twitter Interview

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Elon Musk declared that most of the advertisers who abandoned Twitter after his $44 billion acquisition have returned, suggesting …

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JPMorgan’s Malek Sees Oil Above $100 by End of Year

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Swiss Bank UBS Shares Rocket on Earnings Beat | The Pulse with Francine Lacqua 05/07/24

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UBS share gained the most in more than a year on Tuesday after reporting upbeat 1Q results. Driven by wealth and IB units, the …

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Iran Supreme Leader’s Next Move After President’s Death

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Dr. Ariel Cohen, nonresident senior fellow at the Atlantic Council’s Eurasia Center and a member of the Council on Foreign …

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