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Wednesday’s steep selloff in the stock market triggered a sudden spike in Wall Street’s “fear gauge,” posing a buying opportunity for investors and may spark a strong year-end stretch for stocks, according to market analysts.

Lennar said higher mortgage rates have hurt sales, but the home builder also acknowledged that it needs to cut prices more to reignite buying.

Existing-home sales rose to a rate of 4.15 million in November, the National Association of Realtors said.

Analysts are largely upbeat on Micron’s stock, pointing to an upbeat AI narrative while noting that pressures on consumer markets shouldn’t be much shock to Wall Street.

The shocking strength of the economy helps explain the Federal Reserve Scrooge-like plans for interest rate cuts next year. And the latest update on GDP over the summer offers another reminder.

Jobless claims are the early-warning radar for the U.S. economy, and they still show no trouble on the horizon. The number of Americans who applied for unemployment benefits in middle of December fell to a low 220,000.

Conagra, which makes blockbuster supermarket brands such as Birds Eye and Healthy Choice, sees inflation close to 4%.

Stock has doubled this year, but it’s still down sharply from its peak of nearly $28 a share in 2021.

C3.ai Inc. was downgraded to underweight by KeyBanc Capital Markets Thursday, with the analyst firm citing concerns about the enterprise software company’s subscription revenue growth.

America’s taste for red meat over fine dining powered a healthy sales gain for LongHorn Steakhouse.

CarMax’s stock surges toward a 2-year high as a drop in used car prices helped lead to a big sales beat.

Oil futures edged lower Thursday, struggling for support a day after the Federal Reserve signaled it would go much slower in cutting interest rates next year.