Stocks Start Week Mixed With Inflation and Profit Hope
U S stocks opened mixed as investors weighed inflation trends and looming earnings. The S&P 500 eased to 3,982.09 while the Dow slipped to 33,517.65 and the Nasdaq rose to 10,635.65 as yields fell and rate-cut hopes paused amid Fed tightening. Analysts warn volatility persists with earnings season starting Friday and a potential year-over-year EPS decline for S&P 500 firms. Goldman Sachs strategists note focus shifts to profit outlook after 2022.
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Wilshire
Russell
Classified documents found at Biden Center under review
The Justice Department is reviewing a small batch of documents with classified markings found on November 2, 2022 in a locked closet at the Penn Biden Center in Washington. The discovery prompted cooperation with the National Archives and potential involvement of U.S. Attorney John Lausch, while Republicans press for investigations and a broader DOJ look at unequal treatment in probes.
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Lausch
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Trump
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R-Urbana
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Chicago
CBS
Florida
Nurses Strike Ties Up Two New York Hospitals
Thousands of nurses walked out at Montefiore and Mount Sinai amid stalled staffing and pay talks. Hospitals halted nonemergency surgeries, diverted ambulances, and used temporary staff as pickets outside Mount Sinai featured chants from Twisted Sister. Talks continued at Montefiore with Mount Sinai negotiations unclear.
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Mount Sinai Hospital
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Twisted Sister
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