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$Alibaba(BABA.US$, $Clover Health(CLOV.US$, $SoFi Technologies(SOFI.US$, $GameStop(GME.US$, $DocuSign(DOCU.US$ are among the stocks seeing the highest interest on Reddit’s r/WallStreetBets forum early Friday.
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Weekly market recap
All three major stock indexes finished the week higher. The $Dow Jones Industrial Average(.DJI.US$increased 1.52 % this week, while $S&P 500 Index(.SPX.US$gained 0.96% and the $Nasdaq Composite Index(.IXIC.US$moved 2.82% higher.
Powell said inflation is solidly around the central bank's 2% target rate, one of the goals of the Fed’s dual mandate; however, the Fed chairman also explained why he continues to think the current inflation rise is transitory and will eventually drop to the target level.
Here's a look at the return of S&P 500 sectors:
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All three major stock indexes finished the week higher. The $Dow Jones Industrial Average(.DJI.US$increased 1.52 % this week, while $S&P 500 Index(.SPX.US$gained 0.96% and the $Nasdaq Composite Index(.IXIC.US$moved 2.82% higher.
Powell said inflation is solidly around the central bank's 2% target rate, one of the goals of the Fed’s dual mandate; however, the Fed chairman also explained why he continues to think the current inflation rise is transitory and will eventually drop to the target level.
Here's a look at the return of S&P 500 sectors:
...
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Stocks set to climb after U.S. rally on dip buying: Markets Wrap
Asian stocks look set to rise Monday after bargain hunters spurred a U.S. rally, with traders also weighing growth risks and awaiting the Jackson Hole symposium for clues on the Federal Reserve’s policy outlook.
Futures advanced in Japan, Australia and Hong Kong, while U.S. contracts edged higher. The S&P 500 and tech-heavy Nasdaq 100 rose at the end of last week. Beijing’s regulatory crackdown saw Chinese shares listed in the U.S. suffer their longest streak of weekly losses in a decade despite a climb on Friday.
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Asian stocks look set to rise Monday after bargain hunters spurred a U.S. rally, with traders also weighing growth risks and awaiting the Jackson Hole symposium for clues on the Federal Reserve’s policy outlook.
Futures advanced in Japan, Australia and Hong Kong, while U.S. contracts edged higher. The S&P 500 and tech-heavy Nasdaq 100 rose at the end of last week. Beijing’s regulatory crackdown saw Chinese shares listed in the U.S. suffer their longest streak of weekly losses in a decade despite a climb on Friday.
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