This is the moment Wall Street has been waiting for

Stocks soared Thursday after new economic data showed that price increases eased in October. Investors cheered the development because it indicates the Federal Reserve's interest rate hikes may finally be cooling inflation.
CNN Business: Markets Now
 
  Advertisement
News: What you need to know about the markets
 
 
This is the moment Wall Street has been waiting for
Stocks soared Thursday after new economic data showed that price increases eased in October. Investors cheered the development because it indicates the Federal Reserve's interest rate hikes may finally be cooling inflation. Read more »
 
Crypto crash and gold sell-off show there's no place for investors to hide
The spectacular implosion of cryptocurrency exchange FTX, a so-called unicorn startup that was recently valued at $32 billion, is just the latest bit of bad news for investors in bitcoin, ethereum and other digital assets. But 2022 was already an awful year for crypto before the FTX-Binance soap opera. Read more »
 
FTX founder issues public apology as company verges on collapse
Sam Bankman-Fried, the crypto entrepreneur whose FTX exchange has been in a death spiral this week, tweeted a candid apology Thursday morning. Read more »
 
Another consequential inflation report has stocks on edge
Read more »
 
The 5 biggest takeaways from earnings season
The third-quarter corporate earnings season is wrapping up: We now have reports from about 450 of the S&P 500, or 90% of the index's total membership. Read more »
 
KFC Germany apologizes for advertising a Kristallnacht promotion
KFC Germany apologized for an "unacceptable" message sent to customers on Wednesday, which appeared to tie a sales promotion to the annual commemoration of Kristallnacht. Read more »
 
 
 
 
Dow Nasdaq S&P
+1,201.43   +760.97   +207.80
33,715.37   11,114.15   3,956.37
+3.70%   +7.35%   +5.54%
YTD -7.22%   YTD -28.96%   YTD -16.99%
 
Biggest Winners
Invesco Ltd +17.85%
 
Mohawk Industries Inc +14.70%
 
Carnival Corp +14.25%
 
Epam Systems Inc +14.05%
Biggest Losers
Mckesson Corp -4.12%
 
Cardinal Health Inc -2.79%
 
Altria Group Inc -2.19%
 
Hershey Co -1.92%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $86.22 +0.39 / +0.45%
Gold $1,758.10 +44.40 / +2.59%
10-yr 3.83% -0.32
Euro $1.02 +0.02 / +1.84%
More Markets Now
 
Watch the live digital show, now every Wednesday 12 p.m.
to 12:15 p.m. ET.
Hi, let us know what you
think of this newsletter!
 
Tell us what you want to read more of... and less of.
Email your tips and feedback to MarketsNow@cnn.com
Sign up for
Reliable Sources
newsletter
  Sign up for
Before the Bell
newsletter
 
 
Tips, thoughts or questions are always welcome at
MarketsNow@cnn.com
 
Want to change how you receive these emails?
You can unsubscribe from this list
 
® © 2022 Cable News Network Inc.
A WarnerMedia Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNN Business's "Markets Now" newsletter.

Our Mailing address is:
Cable News Network, Inc.
1 CNN Center
Atlanta, GA 30303
 
                                                 

Comments