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News

Wall Street ends lower, Dow confirms bear market

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Fed rate hikes have investors 'throwing in the towel' * Casinos jump as Macau allows tour groups after nearly 3 years * Indexes: Dow -1.11%, S&P 500 -1.03%, Nasdaq -0.60% By Noel Randewich Sept 26 (Reuters) - Wall Street slid deeper into a bear market on Monday, with the S&P 500 and Dow closing lower as investors fretted that the Federal Reserve's aggressive campaign against inflation could t
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It gets real

A look at the day ahead in markets from Sujata Rao Minutes from the European Central Bank's February meeting are due later on Thursday but last month's shock hawkish pivot seems like distant history now. With Brent crude up some $30 a barrel since mid-February and European gas prices more than doubling in this period, the ECB will be looking with alarm at spiralling inflation expectations; Ten-year German 'breakevens', which reflect future inflation, have jumped 40 basis points since that Februa
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Investors watch retail stocks as U.S. holiday shopping beckons

By Caroline Valetkevitch NEW YORK, Nov 24 (Reuters) - Investors are zeroing in on a number of hot retailers' shares as the U.S. holiday shopping season kicks into high gear this week, weighing the potential for supply chain problems against expected strong consumer demand. The day after the U.S. Thanksgiving holiday, Black Friday Link has for years unofficially marked the start of the holiday shopping period and one of the busiest shopping days of the year.
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