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Stock market today: S&P 500, Nasdaq notch fourth day of gains with next week's Fed meeting in focus [Yahoo! Finance Canada]
Last netflix, inc. earnings: 4/21 04:00 pm
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US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
preferred inflation gauge, increasing the odds that the central bank will cut rates next week. The S&P 500 ( ^GSPC ) rose 0.19%, within striking distance of its first record close since October. The Nasdaq Composite ( ^IXIC ) also gained about 0.3%, eyeing its ninth positive close in 10 sessions. The Dow Jones Industrial Average ( ^DJI ) rose around 0.2%, following a mixed Thursday session for the gauges. Dow Jones Industrial Average (^DJI) Investors continue to bet heavily on a quarter-point interest rate cut from the central bank next Wednesday. Traders are pricing in 87% odds of a move lower, compared with 62% a month ago, according to CME FedWatch On Friday, a delayed reading of the PCE price index showed inflation rose about as expected in September. The "core" PCE index — the Fed's favored price gauge — cooled slightly, rising 2.8% on an annual basis. Meanwhile, US consumer confidence rose for the first time in five months as respondents' inflation expectations improved.
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- Netflix announces deal to buy Warner Bros., HBO Max [MSNBC.com][MSNBC.com]
- A plea to Netflix's Ted Sarandos: Don't screw up Warner Bros. and HBO [Los Angeles Times (CA)][Los Angeles Times]
- How Ted Sarandos became the ultimate Hollywood gate-crasher [Los Angeles Times (CA)][Los Angeles Times]
- Netflix Only Buying Warner Bros. To Sabotage A Rival Streamer? [Yahoo! Finance][Yahoo! Finance]
- Cinemas and unions sound alarms over Netflix-Warner Bros. deal [Los Angeles Times (CA)][Los Angeles Times]
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