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Wall Street stalls ahead of mammoth week with Fed, earnings

1 month ago   |   By Boston Herald

By STAN CHOE
NEW YORK - Stocks are stalling on Wall Street Monday ahead of a week full of potentially market-moving events, from decisions on interest rates around the world to earnings reports from the biggest U.S. companies.
The S&P 500 was 0.3% lower in early trading, giving back some of its gains from last week when it reached its highest level since early December. The Dow Jones Industrial Average was up 18 points, or 0.1%, at 33,996, as of 10 a.m. Eastern time, and the Nasdaq composite was 0.7% lower.
Markets have been veering recently on worries that the economy and corporate...
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Wall Street points lower ahead of tech earnings, Fed call

1 month ago   |   By Boston Herald

By ELAINE KURTENBACH and MATT OTT
Wall Street was poised to open with lower Monday as attention turns to this week's decision by the Federal Reserve on interest rates and a week heavy with big tech earnings.
Futures for the Dow Jones industrials slipped 0.6% and the S&P 500 fell 0.8% before the opening bell.
New data released Friday showed that U.S. inflation continues to cool, raising hopes for a smaller, less painful increase than last year's series of aggressive “jumbo” hikes. The measure the Fed prefers, which doesn't count food and energy costs, was 4.4% higher in December than a year...
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