S&P 500 Breaks Five-Day Losing Streak
U.S. stocks ticked higher, as the S&P 500 snapped a five-session losing streak that came amid growing fears of a U.S. recession.
SEC Asks Public Companies for More Information About Crypto Exposure
Request follows the collapse of trading platform FTX and its affiliates
Jobless Claims Rise Slightly in Tight Labor Market
Initial jobless claims rose to a seasonally adjusted 230,000 last week, near the 2019 weekly average when the labor market was also robust.
Bank of Canada's Kozicki: Policy Decisions Will Be More Data-Dependent
Deputy Gov. Sharon Kozicki says the central bank is prepared to be forceful and raise rates if demand and inflation don't cool as expected.
Gas Prices Fall Below Last Year's Average
The U.S. average for regular unleaded gasoline has declined to $3.29 a gallon, down about 35% from its peak of about $5 earlier in the year.
Ukraine Hit by Deadliest Single Russian Attack on Civilians in Weeks
Russian strikes killed at least 10 people in eastern Ukraine, as President Vladimir Putin said he was preparing for a long, protracted conflict in the country.
India's Outlook Is Surprisingly Bright
Why investors might want to park their cash in the Asian country's economy.
China Braces for Deadly Covid Wave After Loosening Controls
Strained hospitals and the country's poor vaccination rates could lead to over a million deaths, according to some public health experts. "It will put unprecedented strain on the Chinese health system," a scientist said.
Cotton-Price Decline Could Cushion Apparel Margins
The unwinding of a surge in cotton prices is welcomed as the outlook for clothing demand seems uncertain.
Prices on Lithium Deals Start to Move With the Times
Fixed-price contracts are falling out of favor for the mineral as producers and consumers embrace deals that more readily reflect changes in supply and demand.
(END) Dow Jones Newswires
12-08-22 1915ET
