Fed cuts rates again as UAW strikes GM plants
The Fed reduced its benchmark rate 0.25 points to 1.75 percent to 2 percent amid trade tensions and weak manufacturing, with a 7-8 vote and dissent from two officials. Separately, more than 49,000 United Auto Workers went on wildcat strike against General Motors, halting operations at over 50 facilities as talks continue on wages health coverage and temporary labor.
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Federal Reserve
Fed
Jerome Powell
United Auto Workers
General Motors
RTN
Kirkland Lake Gold
StoneCo Ltd
STNE
Veova Systems Inc
VEEV
B.bt
Coupa Software Inc
BB Semiconductors
Ea Cenovus Energy Snap Inc
A Snap
INCY
Brooks Automation
Incyte Corp
Tehor Holdings
FedEx Corp
Arcelor Mittal
Liberty Global
LETYK
Internet
Centrais Elec Brasil Ebr
Gogo
Timalight Networks
LINW
WestRock Co
Sagou
Netflix Inc
NFLX
Telecomm
Corning Inc
SeaChange Intl Inc
SEAC
Inseego Corp
INSG
Plantronics Inc
Inc
Hewlett Pack
Attack on Saudi Plant Triggers Global Oil Price Surge
A weekend strike on Saudi Arabia’s largest oil facility disrupted over half of its daily exports, halting about 5 percent of world crude output. U S crude jumped above 62 dollars a barrel and Brent neared 69 as tensions in the Persian Gulf raised the risk to supply, with Asia’s buyers watching closely.
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Saudi Arabia
Middle East
U.S
Brent
Persian Gulf
Asia
China
Japan
South Korea
India
Weekly Stock Winners and Losers Industry Rankings
iMoneyNet Inc releases industry rankings showing weekly winners and losers in the stock market. The report highlights top performing sectors and underperformers, with notable gains and declines among firms tracked by the firm. The findings provide a snapshot of market momentum and sector rotation for investors.
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the Week In Review
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SEMG
Enphase Energy Inc
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SPWR
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Iamgold Corp
SpringWorks Therap
HUYA
BTA
China Biologic Pats Cbpo
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National Vision
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Hid
Delphi Technologies Childrens Place Ploe
Aurora Cannabis Inc
Lions Gate
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Avadel Pharma Avdl
Lexicon Pharma Lxrx
Replimane Group Ihe Repl
electroCore Inc
ECOR
Cyclerion Therapeut Cyon
Whiting Petroleum Wlil
High Point Resources Hpr
Contango O8&g S Juan Bas. Sjt
Arcturus Thera Arct
McDermott Intl Mdr
BAT Qverstock.com
IneosTk
USA Technologies Usat
Zynetba Pharm Zyne
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Barnes & Noble Educ Bned
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MNK
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