Stocks soared Thursday after new economic data showed that price increases eased in October. Investors cheered the development because it indicates the Federal Reserve's interest rate hikes may finally be cooling inflation.
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News: What you need to know about the markets | | | | This is the moment Wall Street has been waiting for | Stocks soared Thursday after new economic data showed that price increases eased in October. Investors cheered the development because it indicates the Federal Reserve's interest rate hikes may finally be cooling inflation. Read more » | | Crypto crash and gold sell-off show there's no place for investors to hide | The spectacular implosion of cryptocurrency exchange FTX, a so-called unicorn startup that was recently valued at $32 billion, is just the latest bit of bad news for investors in bitcoin, ethereum and other digital assets. But 2022 was already an awful year for crypto before the FTX-Binance soap opera. Read more » | | FTX founder issues public apology as company verges on collapse | Sam Bankman-Fried, the crypto entrepreneur whose FTX exchange has been in a death spiral this week, tweeted a candid apology Thursday morning. Read more » | | Another consequential inflation report has stocks on edge | Read more » | | The 5 biggest takeaways from earnings season | The third-quarter corporate earnings season is wrapping up: We now have reports from about 450 of the S&P 500, or 90% of the index's total membership. Read more » | | KFC Germany apologizes for advertising a Kristallnacht promotion | KFC Germany apologized for an "unacceptable" message sent to customers on Wednesday, which appeared to tie a sales promotion to the annual commemoration of Kristallnacht. Read more » | | | | | | | |
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| +1,201.43 | | +760.97 | | +207.80 | 33,715.37 | | 11,114.15 | | 3,956.37 | +3.70% | | +7.35% | | +5.54% | YTD -7.22% | | YTD -28.96% | | YTD -16.99% | | | |
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Biggest Winners | Invesco Ltd | +17.85% | | Mohawk Industries Inc | +14.70% | | Carnival Corp | +14.25% | | Epam Systems Inc | +14.05% | | Biggest Losers | Mckesson Corp | -4.12% | | Cardinal Health Inc | -2.79% | | Altria Group Inc | -2.19% | | Hershey Co | -1.92% | | | | | |
Hottest ETF | | | NYSE Market Volume | | | | | | |
Key Market Stats | Latest | Today's Change | | Oil | $86.22 | +0.39 / +0.45% | | Gold | $1,758.10 | +44.40 / +2.59% | | 10-yr | 3.83% | -0.32 | | Euro | $1.02 | +0.02 / +1.84% | | |
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