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Dollar Retreats as Democrats Retake Control of Congress

2 days 5 hours ago
The dollar index (DXY00 ) tumbled to a 5-week low on Wednesday and finished down by -0.32%. The dollar sank Wednesday after Democrats swept Congress in the US midterm elections, fueling concerns about political gridlock and tougher tech regulation that could curtail foreign demand for US assets. Wednesday’s -8% plunge...

ScottsMiracle-Gro CEO on Earnings Beat, Growth Outlook

2 days 5 hours ago
ScottsMiracle-Gro shares rose about 10% after its earnings report, with investors focusing on guidance that exceeded expectations. Nate Baxter, the company’s President and CEO, says fiscal 2026 revenue grew about 1%, partly because the company exited lower-margin commodity products and changed its product mix. He speaks with Romaine Bostick & Vonnie Quinn on "The Close." (Source: Bloomberg)