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Wall Street scrambles back from a big morning loss
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The president is hosting some of the nation's top financiers for a White House dinner Wednesday as part of his effort to bring manufacturing back home.
Even if the US Supreme Court strikes down Donald Trump’s sweeping tariffs, there still appear to be significant doubts that trades betting on government refunds will ever pay out.
Wall Street is bracing for more volatility on Friday, with the equity market's main "fear gauge" climbing to one of its highest levels in the past three months. The Cboe Volatility Index was up about 12% on Friday morning,
Wall Street was on track to open with gains as an end to the U.S. government shutdown appeared closer while technology stocks regained their footing after swinging wildly in recent days
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The Cboe Volatility Index, better known as the VIX or Wall Street's "fear gauge," is on the rise once again on Thursday with stocks headed for another tech-driven selloff. The fear gauge was up 11% in recent trade at 19.
Pressures simmering in the $12 trillion market that serves as a critical source of day-to-day funding on Wall Street are spurring a growing chorus of calls for a more forceful Federal Reserve response to ease the pinch.
Wall Street's main indexes dipped on Friday, driven by a renewed selloff in technology stocks, while hawkish commentary from Federal Reserve officials added to doubts about an interest rate cut in December.
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This is why Merck is buying Cidara Therapeutics for $9.2 billion, and why Wall Street is happy
Merck has been vocal about its desire for dealmaking, saying as far back as January 2024 that it was willing to spend up to $15 billion. Any deals, especially for companies with l
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