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Equities Fall as Markets Weigh Fed Chair's Remarks

(Bloomberg) -- Shares of vaccine makers plunged after President-elect Donald Trump nominated Robert F. Kennedy Jr. to run the Department of Health and Human Services, a post that would give the longtime vaccine skeptic influence over the nation’s health and medical research agencies.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency Sa

The S&P 500 slipped 0.6% on Thursday, Nov. 14, 2024, as hotter-than-expected wholesale inflation data clouded the outlook on interest-rate cuts.

(Bloomberg) -- Developing-nation currencies, stocks fell for a fifth day, deepening losses amid broad risk-off sentiment as the US dollar advanced as traders reassess how deeply the Federal Reserve will cut interest rates.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsA

Applied Materials reported fiscal fourth-quarter earnings that missed analysts’ expectations, sending shares lower after the bell Thursday despite a revenue beat.

TPR is benefiting from rival Capri Holding's downfall

Shares of Tesla and other electric vehicle makers fell Thursday after a report President-elect Donald Trump and his transition team are planning to end a $7,500 EV tax credit.