Stocks Rally as Traders Bet on Fed Pause; Apple, Palantir in Focus Ahead of Earnings
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Stocks are climbing as traders bet the Fed is done raising interest rates; Dow up 1.5%, S&P 500 up 1.7%, Nasdaq up 1.7%.
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10-year Treasury yield declines for third day in a row to 4.679% as bonds rally.
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Apple stock in focus ahead of Q3 earnings after market close today; iPhone 15 sales will be closely watched.
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Palantir posts better-than-expected Q3 results, boosted by push into AI analytics apps.
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Six Flags shares up after activist investor opposes planned merger with Cedar Fair, says real estate alone worth nearly $30 per share.