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CNN Business' expert reporters lead you through the latest news in the fast-changing world of global markets, with sharp insights, essential context, and exclusive interviews so you can make the most of the business day ahead. Why you can feel good about your job prospects for a while longer Before The Bell Plus, Warren Buffett speaks and investors listen. US stock futures are slipping a little. Markets in Europe are mostly weaker while in Asia the maior markets ended mixed. Plus, home sales and prices rose in January as eager homebuyers returned to the market. US stock futures are inching higher after Wall Street notched up new records Thursday.
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Today's close marked the end of the second quarter, during which investors grappled with the uncertainties of geopolitical unrest, high levels of inflation, Covid lockdowns and a hawkish Federal Reserve. As stocks settle after the trading day, levels might still change slightly. After plunging more than points, the Dow is well off its lows, down only points, or 0. The Nasdaq is still down 0. Markets this year have been roiled by a number of unfriendly headwinds: Russia's war in Ukraine, Covid lockdowns in China, surging inflation and aggressive rate hikes by the Federal Reserve. All of these factors have fueled investor fears of a recession, causing a rush to the exits. The index is on track to have its worst June since and its worst quarter since , with all 11 sectors in the red. In short, things are looking dire. But that doesn't mean they'll stay that way.
Cnn stock futures
US stocks plummeted in their worst day since June 11, after key August inflation data ticked upward, surprising investors. The market is worried that hotter-than-expected inflation will prompt the Federal Reserve to raise interest rates more aggressively, inflicting serious damage to the US economy in the process. The Dow was down points, or 3. The Nasdaq Composite tumbled 5. As stocks settle after the trading day, levels might still change slightly. The end of the trading day will temporarily stop the selling. But investors have another inflation report to fear? The US government will release figures for the producer price index, which measures prices at the wholesale level
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Nothing like some good ol' bipartisanship to get Wall Street's motor running.
Chinese tech firm Lenovo shows off a laptop with a see-through screen. Bhutan's new 'Mindfulness City' is massive — plans show a city unlike any other. Plus, Apple launches its first sports app. Timothyna Afua Duncan. Markets in Europe are mostly weaker while in Asia the maior markets ended mixed. US stock futures are pointing lower. Markets in Europe are all in the green. Special Reports. The ultimate guide to acing your interview and landing your dream job in Weizhen Tan. Is the golden age of direct-to-consumer over? US stock futures are moving higher, as Nvidia soars premarket on the back of its blockbuster earnings report. Social media chatter helps draw 3 million in 3 days to a frigid city in China.
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