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  • monkeypox

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    The market fears the monkeypox economic effects. Consumer confidence fell by 0.9%, and the EU approved sending weapons to Ukraine

    The market fears the monkeypox economic effects. Consumer confidence fell by 0.9%, and the EU approved sending weapons to Ukraine. U.S. stocks rose today as fears of soaring energy prices and inflation increased among investors. As for the recent update about the Ukrainian war, the U.S. in its last statement confirmed that about 20 nations […] More

  • Stock futures rise after Dow falls for 8th-straight week in relentless sell-off

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    Stock futures surge after Dow falls for 8th-straight week in unrelenting sell-off

    Traders on the NYSE, May 20, 2022. Source: NYSE Stock futures gained in overnight trade Sunday as the Dow Jones Industrial Average dropped for its 8th consecutive week amid a wider market sell-off. Futures on the Dow industrial average climbed 224 points, or 0.72 percent . S&P 500 futures increased 0.9 percent and Nasdaq 100 […] More

  • bear market
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    The S&P 500 has entered a bear market after falling 1.9% in Friday afternoon trading as concerns about interest rate policy tightening grow

    The S&P 500 has entered a bear market after falling 1.9% in Friday afternoon trading as concerns about interest rate policy tightening grow. Before the COVID pandemic, the Russian war, and China’s recent economic crisis, the stock market was generally trending upward. All these factors have pushed the stock market in confusing directions, and no […] More

  • The CEO of the world's second-largest alternatives firm is optimistic about a light recession
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    The CEO of the world’s second-largest alternative investment business is upbeat about a little downturn.

    Bruce Flatt has been the CEO of Brookfield Asset Management for the last two decades, building it to become the world’s second-largest alternative investment business. He is responsible for more than $725 billion in assets spread across real estate, private equity, infrastructure, energy transition, credit, and insurance. Flatt shares his broad perspective in an exclusive […] More

  • Foot Locker, Deere, DoorDash and others
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    Foot Locker, Deere, DoorDash and others

    Before the bell, have a look at the businesses generating news: FL – Foot Locker The athletic footwear and clothing company had an adjusted quarterly profit of $1.60 per share, which was 5 cents more than analysts’ expectations. Revenue was somewhat lower than expected, while same-store sales decreased by less than half of what experts […] More

  • Despite Beijing's prohibition, China is the second-largest bitcoin mining center in the world.
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    Despite Beijing’s prohibition, China is the second-largest bitcoin mining center in the world.

    By September 2021, China accounted up just over 22 percent of the entire bitcoin mining industry, according to Cambridge University data. Paul Ratje | The Washington Post | Getty Images Bitcoin miners aren’t giving up in China despite Beijing’s prohibition on the activity. China was previously the world’s greatest crypto mining hotspot, accounting for between […] More

  • Stock futures rise, with the S&P 500 on edge of bear market
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    Stock futures surge, with the S&P 500 on brink of bad market

    U.S. stock futures gained early on Friday as traders looked to see whether the S&P 500 would drop into bear market territory. Futures related to the Dow Jones Industrial Average climbed 196 points, or 0.63 percent . S&P 500 futures traded 0.76 percent higher, while Nasdaq 100 futures gained 1.06 percent . Those changes occurred […] More

  • Demand will persist, problem is with supply chains
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    Demand will endure, issue is with supply chains

    Despite Covid restrictions in some parts of China, Chinese electric car company Nio delivered more than 5,000 cars in April, a sharp decrease from nearly 10,000 deliveries in March. Getty Images | Future Publishing | Future Publishing BEIJING — According to Nio CEO William Li, the company’s biggest challenge right now is ensuring supply chain […] More

  • Kohl's, BJ's Wholesale, Spirit and more
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    Kohl’s, BJ’s Wholesale, Spirit and more

    Before the bell, have a look at the businesses generating news: Kohl’s (KSS) — Kohl’s announced adjusted quarterly profits of 11 cents per share, below the average forecast of 70 cents. Although revenue exceeded expectations, the company cited a difficult sales environment as well as greater expenses. In premarket trade, Kohl’s shares dipped 3.3 percent. […] More

  • home sales
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    Existing-home sales in the United States fell 2.4% in April compared to March

    Existing-home sales in the United States fell 2.4% in April compared to March. Existing home prices jumped by 14.8% year over a year starting in April, the highest record in the last 3 years. Experts agree that high inflation pressure, high cost of materials, and supply chain issues have affected existing house sales in the […] More

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