Stock market today: S&P 500 ends 6-week win streak, while Nasdaq rises on mega-cap rally
- US stocks fell, ending a six-week win streak for S&P 500 and the Dow.
- Rising bond yields and resilient economic data contributed to the market’s pause.
- Investors will focus on upcoming tech earnings, with AI monetization trends in the spotlight.
HealthTrackRx to invest $45.5M in new facility in Louisville's Heritage Creek neighborhood
LOUISVILLE, Ky. (WDRB) — A diagnostic testing and infectious disease lab is coming to Louisville and bringing hundreds of jobs with it.
HealthTrackRx is making a $45.5 investment in the Heritage Creek area. The new facility will be the company’s largest and most advanced laboratory.
It will hire 230 full-time employees over the next 10 years.
Read MoreAARP-Backed Research Keeps Spotlight on Social Security Customer Service
Social Security’s customer service crisis is taking a deadly toll.
“We now estimate that more Americans die waiting in line than ever before for a disability [benefit] determination,” Social Security Administration (SSA) Commissioner Martin O’Malley said Oct. 22 during an AARP-sponsored web discussion on the challenges facing the agency and the impact on those who rely on it for benefits and services.
» Read more about: AARP-Backed Research Keeps Spotlight on Social Security Customer Service »
Read MoreDow, S&P 500 snap 6-week winning streaks as U.S. stocks end mixed Friday
U.S. stocks finished mixed Friday, as interest rates in the bond market extended their climb ahead of next week’s jobs report.
The Dow Jones Industrial Average dropped 259.96 points on Friday, or 0.6%, to end at 42,114.40.
The S&P 500 slipped 1.74 points, or less than 0.1%,
» Read more about: Dow, S&P 500 snap 6-week winning streaks as U.S. stocks end mixed Friday »
Read MoreChancellor to vow to 'invest, invest, invest' in first Labour budget for 15 years
The Burst
Forget Netflix & Disney, The Streaming Winner Is…
Who will win the streaming wars? Netflix got off to a great start as the first company to break 100 million and 200 million subscribers. Then Disney caught up, and eclipsed Netflix’ subscriber base last quarter. But they’re not alone. Roku, Apple and Amazon all have offerings to woo consumers. And yet there is a good chance,
» Read more about: Forget Netflix & Disney, The Streaming Winner Is… »
Read MoreThe Ivy
Market Commentary: “Stocks To End Year Higher” Says Billionaire
A long time ago, an old mentor once said “it’s easy to be bearish, but how do build a bullish argument in spite of the bearish news?” No matter what point in history you pick, you will find reasons to be downright scared of the future.
In the 1940s, it was World War II.
» Read more about: Market Commentary: “Stocks To End Year Higher” Says Billionaire »
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