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Latest Articles in wall street

Wall Street Sinks 3%, Dow At Late July Lows As Pandemic Surges

Shares of hotels, airlines and other leisure-related companies sensitive to COVID-19-related turmoil sank, with the S&P 1500 airlines index falling 4.3%. The energy index slid 4.2% as oil prices tumbled on fears of a deeper drop in fuel demand.

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Amazon's Prep For Holiday Sales Rush, Pandemic In Focus

Analysts on average expect revenue of $92.7 billion for the just-ended third quarter, according to IBES data from Refinitiv.

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3M Profit Beats On Healthcare Boost; Says Demand For N95 Masks To Continue

Net income attributable to 3M fell to $1.41 billion, or $2.43 per share, in the quarter ended Sept. 30, as operating expenses rose nearly 8%. Net sales rose 4.5% to $8.35 billion.

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Microsoft Beats Sales Estimates As Azure Growth Ticks Upward

Revenue growth for Azure, the company's flagship cloud computing business, was 48%, up from 47% in the previous quarter and ahead of Wall Street estimates of 43.45%

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Wall Street Banks See Rare Payday Bonanza In India Despite Pandemic

India saw $16.8 billion of mergers and acquisitions (M&A) in its technology, media, and telecoms (TMT) sector between January and mid-October, up 62% percent from the same time last year

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Wall Street Slips As Stimulus Uncertainty Drags On

ConocoPhillips slipped 1.3% as it agreed to buy U.S. shale oil producer Concho Resources Inc for $9.7 billion as the energy sector continued to consolidate. Concho fell 0.9%.

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Global Markets: Vaccine Hopes Drive Stocks Higher On 'Black Monday' Anniversary

Wall Street futures rose 0.9% on the 33rd anniversary of the 1987 "Black Monday" crash, when the Dow Jones Industrial Average lost 22.6% in one day, equivalent to a drop of about 6,500 points in the index today.

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India Will Not Mandate Secondary Listings For Firms Joining Overseas Markets

India is close to drawing up rules for companies to float overseas without having to first list shares at home, as a way to help startups attain higher valuations and access capital more easily.

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Wall Street Ends Down After Mnuchin Dims Stimulus Hopes

The S&P 500 posted 23 new 52-week highs and no new lows; the Nasdaq Composite recorded 109 new highs and 14 new lows.

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Wall Street Closes Higher On US Stimulus Hopes, Gold Spikes And Dollar Drops

The Dow Jones Industrial Average rose 161.39 points, or 0.57%, to 28,586.9, the S&P 500 gained 30.3 points, or 0.88%, to 3,477.13 and the Nasdaq Composite added 158.96 points, or 1.39%, to 11,579.94.

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Wall Street Ends Down 1% After Trump Calls Off Coronavirus Economic Relief Talks

The S&P 500 posted 31 new 52-week highs and no new lows; the Nasdaq Composite recorded 114 new highs and 17 new lows.

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Stocks Fall, Dollar Gains After Trump Gets Coronavirus

MSCI's benchmark for global equity markets fell 0.69% to 564.07, while its emerging markets index fell 0.29%.

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Wall St Loses Ground As Trump's Positive COVID-19 Test Adds To Uncertainties

Tesla Inc shares fell 6.3% after the electric car maker's third quarter vehicle deliveries, while reaching a new record, underwhelmed investors.

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Japan's Little-Known Nikkei 500 Hits Record High, Outperforms US S&P 500

The Nikkei 500 has gained 7.7% so far this year, compared with a 0.6% fall in the Nikkei 225.

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Chinese Stocks Underpin Asia; Markets Wary Of Virus Spike, US Presidential Debate

Chinese shares opened higher and helped to underpin Asian markets after a tentative start, with the blue-chip CSI 300 index up 0.85%.

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