Nasdaq Rises After Strong Microsoft Forecast-US News | The Epoch Times

The Nasdaq led gains among Wall Street indexes on Wednesday after a robust forecast from Microsoft supported optimism about the third-quarter earnings season, while a decline in oil prices hurt shares of energy companies. The S&P 500 index and the Dow Jones Industrial Average struggled for direction in the first hour of trading, with seven of the 11 major S&P 500 sectoral indexes falling. Microsoft Corp. jumped 3.6 percent after it forecast a strong end to the calendar year, helped by its booming cloud business. Google-owner Alphabet Inc. gained 3.3 percent after reporting a record quarterly profit on a surge in ad sales. Their shares, coupled with other mega-cap growth names Amazon.com, and Tesla Inc., provided the biggest boost to the Nasdaq index. “Today feels exactly like the calm before the storm ahead of a pile of earnings that is due tomorrow and everyone wants to know how the supply-chain …

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Thanksgiving Will Be More Expensive This Year: Farm Bureau-US News | The Epoch Times

Wed Oct 27 , 2021
Americans will experience a more expensive Thanksgiving in 2021 due to higher inflation and supply chain issues, according to the American Farm Bureau Federation. “When you go to the grocery store and it feels more expensive, that’s because it is,” Veronica Nigh, senior economist at the American Farm Bureau Federation, told […]

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