Category: Top Story
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Lincoln Tech Marks 65 Years in Columbia, MD, Celebrating Workforce Impact and Community Partnerships
Lincoln Educational Services Corporation (NASDAQ:LINC), a national leader in specialized technical training, celebrated the 65th anniversary of its Columbia, Maryland campus earlier this month, reflecting decades of workforce development in the region. The school’s first Maryland location opened in Landover in 1960 before relocating to Columbia in 1997, expanding its program offerings and helping thousands…
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Kenvue shares drop after report of potential Tylenol-autism link from Trump administration
Shares of Kenvue (NYSE:KVUE) slipped 5.5% in pre-market trading on Monday following a report by the Washington Post that the Trump administration is set to raise concerns about a possible connection between Tylenol’s active ingredient and autism risk. The report indicates that federal health authorities may advise pregnant women to avoid acetaminophen—the active ingredient in…
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Dow Jones, S&P, Nasdaq, Wall Street, Five Key Market Themes for the Week Ahead
Investors are entering a week packed with tech earnings and important Federal Reserve commentary, coming shortly after the central bank’s recent interest rate cut and hints at further reductions. Market participants will also be watching new inflation data, while tariff-driven price pressures could influence results from warehouse retailer Costco. Tech Sector Results Take Center Stage…
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Ed Yardeni Sees Parallels to 1999 Tech Bubble in Current Market Rally
The ongoing market upswing shows signs reminiscent of the late 1990s tech bubble, with major indices hitting record levels and valuations stretching higher even as corporate earnings continue to rise, according to Ed Yardeni, founder and president of Yardeni Research. Last week, the Dow, S&P 500, Nasdaq, and Russell 2000 all posted new highs, boosted…
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Dollar steadies as markets await Fed commentary and inflation data
The U.S. dollar held steady on Monday after last week’s swings, with investors focusing on a series of Federal Reserve speeches that could shed light on upcoming monetary policy, ahead of critical inflation figures. At 04:20 ET (08:20 GMT), the Dollar Index, which tracks the greenback against six major currencies, was slightly lower at 97.155.…
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Dow Jones, S&P, Nasdaq, Wall Street, U.S. Futures Slip as Tech Earnings and Economic Data Take Center Stage
U.S. stock futures inched lower Monday as traders prepared for a week dominated by tech earnings reports and key economic indicators. Micron is among the spotlight companies, with investors watching closely for signs of momentum in the artificial intelligence sector. Meanwhile, Indian IT stocks fell following the announcement of a new U.S. H-1B visa fee,…
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Gold Maintains Highs as Rate-Cut Prospects Support Bullion
Gold prices advanced in Asian markets on Monday, remaining near last week’s record levels, driven by optimism over additional U.S. interest rate cuts following the Federal Reserve’s recent move. The metal’s gains were tempered by a modest rebound in the U.S. dollar, which has recovered from its lowest point in more than three years. Spot…
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Oil Gains Amid EU Sanctions Threat and Ukrainian Attacks
Oil prices in Asia edged higher on Monday after a week of declines, as traders considered the potential impact of new European Union sanctions on Russia and ongoing Ukrainian strikes targeting energy infrastructure. At 21:50 ET (01:50 GMT), November Brent futures rose 0.6% to $67.06 per barrel, while WTI crude gained 0.5% to $63.02 per…
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Trend Followers Continue Adding Equities as Volatility Falls, Says BofA
Trend-following investors have been steadily increasing their U.S. equity positions as realized market volatility declines, according to Bank of America. The bank noted that Commodity Trading Advisors (CTAs) “have been running maximum long positions in S&P 500, Nasdaq 100 and Nikkei 225 futures for some time now,” and the easing of volatility likely encouraged continued…
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Cruise line shares slide amid rising concerns over promotional activity
Shares of major cruise operators dropped on Friday as investors reacted to growing signs of increased promotional efforts across the sector. Carnival Corporation (NYSE:CCL) led the decline with a 3.2% fall, while Royal Caribbean Cruises (NYSE:RCL) lost 2.7%, Norwegian Cruise Line Holdings (NYSE:NCLH) fell 1.7%, and Viking Holdings (NYSE:VIK) slid 2.5%. The selloff comes after…