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  • US STOCKS-Wall Street reverses gains as Apple pulls tech stocks lower

    By Sruthi ShankarNov 14 (Reuters) - U.S. stocks turned lower on Wednesday as Apple Inc led a decline in technology stocks, offsetting early support from ...

    Mail Online
  • Wall Street’s biggest firms are suddenly embracing an asset class that has languished since the financial crisis — and it’s a competitive threat to stocks

    Wall Street is bracing for more volatility in the stock market next year, and some strategists even suspect that we're not far from the end of this bull market.  Against this backdrop, a comparativey safe asset class that has underperformed the stock market for most of the post-crisis period is suddenly regaining its allure.  According to Goldman Sachs, investor holdings of this asset are at the lowest levels in 30 years.  King Cash is making a grand comeback.  At the end of a volatile year,...

    Business Insider
  • Stocks see biggest gain in 8 months

    Stocks rocketed to their biggest gain in eight months Wednesday after Federal Reserve Chairman Jerome Powell hinted that the Fed might not raise interest rates much further. The Dow Jones industrial average surged 617 points. In a speech to the Economic Club of New York, Powell said that rates are close to neutral, the level at which they neither hold back growth nor aid it. That might mean the Fed isn't planning to raise interest rates far above their current levels. Powell also appeared to...