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Pending home sales jump to six-month high as lower mortgage rates draw buyers in

U.S. pending home sales rose 7.4% in September, the National Association of Realtors said on Wednesday.

AMD and Alphabet hit earnings targets this week — now Apple, Amazon, Microsoft and Intel get their shot

The stock market is giving Big Tech tougher demands for its continued support.

Eli Lilly’s stock tumbles as Mounjaro, Zepbound sales miss by wide margins

Eli Lilly’s stock heads for biggest selloff since 2008 after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.

U.S. Treasury says debt-auction sizes can remain steady for next several quarters

Agency to auction $125 billion next week, unchanged from last quarter

AMD’s stock is getting hurt by this ‘unpalatable’ reality

One analyst says that AMD’s muted guidance is unlike what Wall Street has come to expect of “AI names.”

ADP jobs report shows 233,000 gain in private-sector hiring — much stronger than expected

U.S. businesses 233,000 new jobs in October to mark the biggest gain in 14 months, paycheck company ADP said, suggesting the labor market is somewhat stronger than previously believed.

U.K. to lift minimum wage to $15.84 an hour. Here’s how it compares to the U.S.

The U.K.’s chancellor of the exchequer confirmed the government will lift the U.K.’s national minimum wage by 6.7% in April 2025 to hourly rates of £12.21 ($15.84)

Caterpillar’s stock drops as weak equipment sales lead to a rare profit miss

Caterpillar’s stock drops after a rare profit miss, while revenue was below expectations for a fourth straight quarter.

Oil prices attempt to stabilize after ending at 7-week lows

Oil futures rose early Wednesday, attempting to find their footing after ending the previous session at seven-week lows as investors continued to fade geopolitical worries and turned their attention to a shaky demand outlook and prospects for ample supply.

Biogen’s stock pops after earnings top estimates and company raises guidance

“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.

Stocks have rarely been this expensive versus bonds. Now, UBS expects that to change.

Stocks are now expected to weaken versus bonds, argue UBS strategists.

Amazon ‘has never been stronger.’ So why isn’t its stock getting more love?

Amazon’s stock has trailed the S&P 500 over three months, owing in part to concerns about operating income and margin compression. Will Thursday’s earnings alleviate fears?
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