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Oil slumps on fear of economic slowdown, stronger dollar

Oil slumps on fear of economic slowdown, stronger dollar

Oil pump jacks are seen at the Vaca Muerta shale oil and gas storage facility in the Patagonian province of Neuquen, Argentina, Jan. 21, 2019. REUTERS/Agustin Marcarian Register now for FREE unlimited access to Reuters.com Register Dollar hits 5 weeks high after aggressive Fed comments on Jackson Hole China’s Sichuan extends power bands on heat …

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Fed slows hike to 50 basis points in September, recession concerns mount, Reuters polls show

Fed slows hike to 50 basis points in September, recession concerns mount, Reuters polls show

A resident buys food at a local market, in downtown San Francisco, California, US, July 13, 2022. REUTERS/Carlos Barria/File Photo Register now for FREE unlimited access to Reuters.com Register BENGALURU, Aug. 22 (Reuters) – The US Federal Reserve is set to raise interest rates by 50 basis points in September amid expectations that inflation has …

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Wall St ends higher, Cisco Systems jumps after forecast

Wall St ends higher, Cisco Systems jumps after forecast

Investors Still Judging Wednesday’s Fed Minutes Kohl’s slashes 2022 predictions Indices: Dow up 0.1%, S&P 500 up 0.2%, Nasdaq up 0.2% NEW YORK, Aug. 18 (Reuters) – US stocks closed higher on Thursday as an optimistic sales forecast from Cisco Systems helped lift the technology sector, while data showed the economy remained relatively strong. Investors …

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Stocks choppy, US yields fall as investors digest Fed minutes

Stocks choppy, US yields fall as investors digest Fed minutes

A man in a protective mask walks past an electronic board displaying the Shanghai Composite Index, Nikkei Index, and Dow Jones Industrial Average during the coronavirus disease (COVID-19) outbreak outside a real estate agency in Tokyo, Japan, March 7, 2022. REUTERS / Kim Kyung Hoon Register now for FREE unlimited access to Reuters.com Register Wall …

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Wall St Drops as Growth Stocks Shift, Target Weighs on Retail Stocks

Wall St Drops as Growth Stocks Shift, Target Weighs on Retail Stocks

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, Aug. 15, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US retail sales flat in July; core sales up Retailer Target’s quarterly profit slumps Indices down: Dow 0.80%, S&P 1.07%, Nasdaq 1.66% Aug 17 …

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