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Stocks Surge on Midterm Election Optimism

5 days 7 hours ago
The S&P 500 Index ($SPX ) (SPY ) closed up +1.58% on Wednesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +3.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.91%. December E-mini S&P futures (ESZ26 ) rose +1.60%, and December E-mini Nasdaq futures...

Stocks Surge on Midterm Election Optimism

5 days 7 hours ago
The S&P 500 Index ($SPX ) (SPY ) closed up +1.58% on Wednesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +3.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.91%. December E-mini S&P futures (ESZ26 ) rose +1.60%, and December E-mini Nasdaq futures...

September Fed Rate Hike Was a Mistake, Miran Says

5 days 7 hours ago
Former Federal Reserve Governor Stephen Miran says raising interest rates in September was a mistake and not necessary. Miran also says he's enthusiastic about cutting back on forward guidance from the Fed even if it raises the risk premium. (Source: Bloomberg)

Autonomous drone delivery startup Zipline raised $1.5B at a $21.5B valuation, up from $7.85B after raising $600M+ in January, and plans to grow US manufacturing (Kelly Cloonan/Wall Street Journal)

5 days 7 hours ago

Kelly Cloonan / Wall Street Journal:
Autonomous drone delivery startup Zipline raised $1.5B at a $21.5B valuation, up from $7.85B after raising $600M+ in January, and plans to grow US manufacturing  —  CEO Keller Cliffton says the company's skyrocketing valuation is a sign that autonomous delivery has finally gained wider acceptance