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Week 52 |
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Week 52 -2023 | From Dec. 25 to Dec. 31, 2023 |
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Ukraine strikes Russian naval landing warship, Moscow admits damage |
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India joins the ranks of stock market superpowers India ranks behind USA, China and Japan. |
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Wall Street gains on final stretch of 2023, rate cuts in view |
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The U.S. economy avoided the recession forecast for 2023. |
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Experts now say a soft landing or mild recession is possible in 2024. |
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Israel launches heavy strikes across central and southern Gaza after widening its offensive. |
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More than 21,100 Palestinians, most of them women and children, have been killed, |
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Russia pummels Ukraine with ‘massive’ wave of airstrikes; 18 reported killed |
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Week 51 |
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Week 51 -2023 | From Dec. 18 to Dec. 24, 2023 |
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Goldman Sachs has already lifted its 2024 S&P 500 target to 5,100 from 4,700; that is 8% upside |
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Under Biden, the stock market has been doing worse than under Trump — or Obama |
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FedEx shares tumble 10% after weaker demand hit revenue outlook |
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Third-quarter real GDP comes in lower than expected |
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Fed’s favorite inflation gauge shows prices rose at 3.2% annual rate in November, less than expected |
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Consumers are feeling better about the economy. Consumer confidence snapped back in December, |
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The Magnificent 7 dominated 2023. Meta-Tesla-Nvidia-Amazon-Alphabet-Microsoft-Appl |
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The big 7 weighted as much on global indices as all Japan, British, France, Canada and China companies |
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Week 50 |
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Week 50 -2023 | From Dec. 11 to Dec. 17, 2023 |
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Inflation is falling but interest rates will be higher for longer. Way longer. |
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Gas prices may fall below $3 a gallon, a ‘nice surprise’ for holiday travelers |
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Israeli tanks and warplanes carried out new strikes on southern Gaza on Tuesday |
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Fed officials do not see further interest-rate rises as likely: Jerome Powell |
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Dow closes at record high, tops 37,000 for first time as Fed signals interest-rate cuts in 2024 |
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Dow scores its highest close in history. |
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The Federal Reserve indicated that interest rates will be cut three times next year. |
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Further reductions expected in 2025 and 2026, as inflation has “eased over the past year. |
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Week 49 |
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Week 49 -2023 | From Dec. 4 to Dec. 10, 2023 |
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Israel expands war into southern Gaza |
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Jamie Dimon lashes out against crypto: ‘If I was the government, I’d close it down’ |
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S&P 500 comes within a single point of its 2023 intraday high |
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Unemployment rate falls to 3.7% as U.S. economy adds 199,000 jobs in November |
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What the Venezuela-Guyana border dispute means for oil prices
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As bitcoin’s price surges, crypto’s power in Washington withers |
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Inflation is falling but interest rates will be higher for longer. Way longer. |
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The market’s focus lately has been on the Fed’s inflation view: what that will mean for interest rates. |
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Week 48 |
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Week 48 -2023 | From Nov. 27 to Dec. 3, 2023 |
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Ukraine war : Zelenskyy calls for fortifications |
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Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen |
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Israeli bombs batter the Gaza Strip after a week of truce as deal with Hamas lapses |
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Bitcoin hits highest level since May 2022 to kick off December: CNBC Crypto World |
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S&P 500 rises on Friday to close at 2023 high |
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Munger, the business partner to Warren Buffett, died on Tuesday at the age of 99. |
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Henry Kissinger, the polarizing former secretary of state, dies at 100 |
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GDP update shows U.S. economy grew at more robust rate of 5.2% in third quarter |
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