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Stocks fall as sentiment dips on rate fears and yields rise

Investors cautious ahead of ECB meeting and US CPI data White House expects next inflation numbers to be high Crude hits 13-week high on rising US demand Global growth concerns sap investment sentiment NEW YORK, June 8 (Reuters) – U.S. and European stocks fell on Wednesday as prospects for a rate hike dampened sentiment, while …

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US SEC chief unveils plan to overhaul Wall Street stock trading

WASHINGTON/NEW YORK, June 8 (Reuters) – The top U.S. securities regulator proposed rule changes on Wednesday to transform the way Wall Street handles retail stock trading after last year’s stock market meme raised questions about whether mom-and-pop investors were getting the best price. The plan, unveiled by U.S. Securities and Exchange Commission Chairman Gary Gensler, …

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Amazon stock split could lure retail traders in tough market

Amazon’s logo is seen at the company’s logistics center in Bretigny-sur-Orge, near Paris, France, December 7, 2021. REUTERS/Gonzalo Fuentes/Files Join now for FREE unlimited access to Reuters.com Register NEW YORK, June 6 (Reuters) – Amazon (AMZN.O) the stock split may bring some comfort to shareholders who have seen the e-commerce giant’s shares battered this year. …

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Dimon says he’s bracing for US economic ‘hurricane’ due to inflation

June 1 (Reuters) – Jamie Dimon, chairman and chief executive of JPMorgan Chase & Co (JPM.N) described the challenges facing the US economy as a “hurricane” on the road and urged the Federal Reserve to take strong action to avoid tipping the world’s largest economy into a recession. Dimon’s comments come a day after President …

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Wall St. Week ahead: Stock market rally fueled by hopes the Fed will ‘pass its peak of hawkishness’

NEW YORK, May 27 (Reuters) – Bad news could be good news for Wall Street again, as fans hope the Federal Reserve won’t need to tighten policy as much as expected. Home sales fell for a third consecutive month, while big misses from retail giants such as Target Corp (TGT.N) and Walmart Inc. (WMT.N) rocked …

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