» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome > Article
VOL. 47 | NO. 47 | Friday, November 17, 2023

Wall Street drifts amid worries about profits, hopes for a just-right economy

Print | Front Page | Email this story

NEW YORK (AP) — Stocks drifted to a mixed close as momentum stalled following Wall Street's hot first half of November.

The S&P 500 rose 0.1% Thursday. The Dow slipped 45 points, and the Nasdaq composite rose less than 0.1%.

Walmart and Cisco slumped after giving disappointing forecasts. Oil companies also fell sharply after crude dropped to its lowest price since July.

Wall Street is still on track for its best month in a year on hopes the Federal Reserve will take it easier on interest rates.

Treasury yields sank after more reports bolstered hopes the economy is cooling enough to no longer need rate hikes to slow it down.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0