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Wednesday, November 29, 2017

Nasdaq drops as investors shun techs for financials

(Reuters) - The Nasdaq Composite index fell more than 1 percent in midday trade on Wednesday as investors sold off technology stocks and moved into financials that have gained on strong economic data and comments from Fed officials on future rate hikes.


from Reuters: Business News http://ift.tt/2j1R5P3

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf