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All three major U.S. stock indexes finished with back-to-back gains on Wednesday, with investors using November's unexpectedly weak private-sector hiring report to solidify expectations for a quarter-point interest-rate cut from the Federal Reserve next week.
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Macy's reported an unexpected profit — and surprise growth in a key sales metric — but the stock gave back some of its recent stellar gains.
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Sales at American Eagle's namesake banner came in worse than expected after the company's splashy marketing campaign with actress Sydney Sweeney.
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Don't look for outsized gains from the S&P 500 next year, the headwinds are numerous warns Savita Subramanian.
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