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Stock impact report

US STOCKS-Dow closes up to make it seven in a row, as jobs data boosts rate-cut hopes [Yahoo! Finance]

Roblox Corporation Class A (RBLX) 
Company Research Source: Yahoo! Finance
Roblox slumps after bookings forecast cut Focus on next week's inflation readings Indexes up: Dow 0.85%, S&P 0.51%, Nasdaq 0.27% (Adds closing prices) By David French May 9 (Reuters) - The Dow Jones Industrial Average closed higher on Thursday, the seventh straight daily advance for the benchmark, as all three major U.S. indexes gained after weekly jobless claims data offered fresh hope for interest-rate cuts. U.S. Federal Reserve policy has been the main driver of investor sentiment in 2024. Renewed hopes the central bank will cut rates have pushed the Dow to its biggest rally since December. It closed at its highest since April 1. Other benchmarks also benefited. After a flat day on Wednesday, the S&P 500 resumed its upward trajectory and closed above 5,200 points for the first time since April 9. U.S. equity markets have clawed back losses incurred during April on fears the Fed may ultimately raise interest rates, and as tensions in the Middle East threatened to es Show less Read more
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