Thursday, October 27, 2022

The US economy bounced back last quarter after shrinking in the first half of the year

The US economy grew last quarter, bouncing back after shrinking in the first half of the year.
CNN Business: Markets Now
 
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News: What you need to know about the markets
 
 
The US economy bounced back last quarter after shrinking in the first half of the year
The US economy grew last quarter, bouncing back after shrinking in the first half of the year. Read more »
 
'Unprecedented' demand for I Bonds offering a 9.62% rate overwhelm Treasury's site
The demand to buy US Series I savings bonds this week has been so great that it temporarily crashed the Treasury web site where those bonds are purchased. That could mean some investors' requests may not be processed in time to lock in the bond's 9.62% rate by the October 28 deadline. Read more »
 
Dow bursts higher ahead of key report on the economy
Read more »
 
European Central Bank raises rates by three quarters of a point and promises more to come
The European Central Bank hiked interest rates by three quarters of a percentage point on Thursday, promising further hikes to come as it tackles rising inflation. Read more »
 
Peloton tells members it will no longer use Kanye West's music in new classes
Peloton has "indefinitely paused" playing Kanye West's music from its streaming workout classes. Read more »
 
Big Tech can't save your investments
Tech stocks are taking a beating this week as they prove less resilient to the economic downturn than investors had hoped they would be. Read more »
 
 
 
 
Dow Nasdaq S&P
+194.17   -178.32   -23.30
32,033.28   10,792.68   3,807.30
+0.61%   -1.63%   -0.61%
YTD -11.85%   YTD -31.02%   YTD -20.12%
 
Biggest Winners
ServiceNow Inc +13.44%
 
Arista Networks Inc +9.32%
 
Caterpillar Inc +7.71%
 
Everest Re Group Ltd +7.17%
Biggest Losers
West Pharmaceutical Services Inc -13.04%
 
Catalent Inc -7.92%
 
Invitation Homes Inc -7.73%
 
Baxter International Inc -6.35%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $88.60 +0.69 / +0.78%
Gold $1,666.50 -2.70 / -0.16%
10-yr 3.94% -0.08
Euro $1.00 -0.01 / -1.25%
More Markets Now
 
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