Wall Street slides after three day skid and big tech drop
U S stocks retreat from a record rally as the S&P 500 falls 0.9 percent marking its first three day losing streak since September. Dow drops 409 points and Nasdaq tumbles 1.6 percent as Nvidia and other Big Tech weigh on markets amid rising Treasury yields. McDonald s falls after E coli link while Coca Cola and Boeing also retreat on concerns over demand and a possible machinist strike outcome and Boeing s $6 billion quarterly loss reverberates through trading.
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Fisher-Price Corn Popper joins National Toy Hall of Fame
At The Strong National Museum of Play in Rochester, curators chase authentic pieces to honor inductees like Fisher-Price s Corn Popper and ensure displays reflect toy evolution from wood to plastic and electronics. The hall preserves iconic items through auctions, archives, and garage sales while scouting potential new inductees for future honors.
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Tesla posts surprising profit margin rise in Q3 2024
Tesla reported a quarterly net income of 2.17 billion from July to September, up 17.3 percent year over year as EV sales rose to 462,890 vehicles. Revenue totaled 25.18 billion, beating some estimates but below the 25.47 billion consensus. Gross margin reached 19.8 percent, the best in a year, with per-share earnings of 72 cents.
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U S existing home sales fall to near 14 year low
U S existing home sales slipped 1 percent in September to a seasonally adjusted annual rate of 3.84 million, the weakest pace since October 2010. Prices rose 3 percent from a year earlier to a median of 404 500 while inventory climbs and jobs growth persist.
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U.S
National Association of Realtors
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Lawrence Yun
NAR
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