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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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US private payrolls post largest drop in more than 2-1/2 years in November ReutersPrivate Employers Cut Jobs in November, the Latest Sign of a Slowdown The New York TimesUS Companies Keep Shedding Jobs BloombergStock market today: Dow and S&P 500 rise, Nasdaq pares losses as key ADP jobs data shows weakness Yahoo Finance
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Salesforce said its earnings reflect AI momentum. Will the results be enough to flip bearish sentiment for an extended stretch?
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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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Dow rises as investors shake off weak jobs data, Microsoft decline: Live updates CNBCPrivate Employers Cut Jobs in November, the Latest Sign of a Slowdown The New York TimesA first look at November hiring shows the private sector lost 32,000 jobs CNNStock market today: Dow and S&P 500 rise, Nasdaq pares losses as key ADP jobs data shows weakness Yahoo Finance
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While Intuitive Machines and Rocket Lab shares have diverged this year, Cantor Fitzgerald sees room for both to surge in 2026.
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One analyst suggested stocks may be suffering from "rally exhaustion."
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