Wall Street Digests Pre-Thanksgiving Rally Amid Concerns About Consumer Spending and Inflation
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#fcfbc87d ver:0.1
Wall Street digests pre-Thanksgiving rally as concerns about consumer spending and inflation persist. Dow Jones gained 855 points, S&P 500 and Nasdaq also saw gains. Decreased consumer demand suggests inflation resurgence is unlikely. Economic growth slows, with lower employment demand and falling construction costs. Consumer confidence increases, but rising prices and higher interest rates worry consumers. Retailers report earnings, raising concerns about consumer spending amid weakening sentiment. Novo Nordisk's obesity drug shows promise. Anglo American plans shakeup to fend off takeover bid. Federal Energy Regulatory Commission approves rules for renewable energy. Market futures mixed. #WallStreet #ConsumerSpending #Inflation...
#newstr #WallStreet #Equities #Recession #InterestRates #Inflation #LaborMarket #ConsumerConfidence #ConsumerSpending #QuarterlyEarnings #ObesityDrug #TakeoverBid #PowerLines #RenewableEnergy
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