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By Medha Singh and Sanjana Shivdas March 11 (Reuters) – U.S.stock indexes dropped sharply on Wednesday after attempting a rebound in the previous session, on skepticism around President Donald Trump’s stimulus plan to combat the coronavirus outbreak. The benchmark S&P 500 index was 17.6% below its all-time peak hit on Feb.19. If it closes 20%…
By Medha Singh and Lewis Krauskopf July 26 (Reuters) – Shares of U.S.retailers slid on Tuesday after a forecast cut from industry bellwether Walmart Inc stoked fears of a broader slowdown in spending as high inflation raises costs for consumers. Walmart shares tumbled over 8%, while shares of Amazon and Target were both down more…
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By Medha Singh and Devik Jain Sept 14 (Reuters) – Wall Street’s major indexes climbed on Monday on a boost from technology stocks while signs of progress in developing a COVID-19 vaccine and a spurt of multi-billion dollar deals also brightened the mood. Nvidia Corp jumped 9.0% on plans to buy UK-based chip designer Arm…
By Medha Singh and Shivani Kumaresan Oct 30 (Reuters) – Wall Street’s major indexes tumbled on Friday, dragged down by a slide in shares of tech heavyweights following their quarterly results, with a record rise in coronavirus cases and nerves over the presidential election adding to a downbeat mood. The three main indexes were on…
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