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Dow Jones futures: the sectors lead market rotation; Tesla Falls; 3 stocks in buy zones

Dow Jones futures tilted lower late Tuesday, along with S&P 500 futures and Nasdaq futures. The stock market rally continued its move away from technology and towards energy and finance on Tuesday. Tesla stock fell but kept key support while other megapaps such as Apple (AAPL) Barely budgeted. X In overnight trade, HPQ stock and Clean storage (PSTG) signaled breakouts …

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Nordstrom (JWN) Q3 2021 earnings miss, sales hit

A customer left a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images Nordstrom reported earnings on Tuesday that did not fall short of analysts’ expectations, as labor costs eat into profits and sales and its Nordstrom Rack business struggled to return to pre-pandemic levels. The news sent his stock tumbling more than 20% in …

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CVS, Walgreens and Walmart perpetuated opioid crisis, jury finds

“We all know that it is the prescribers who control the demand,” said Brian Swanson, an attorney for Walgreens. “Pharmacists do not make demand.” On several occasions, the defendants’ attorneys pointed the finger at the federal authorities. Not only were the drugs approved by the Food and Drug Administration, they said, but the DEA also bore responsibility for the huge …

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To lower gas prices, Biden authorizes release from US strategic oil reserve

President Joe Biden on Tuesday said he was entitled to a historic release from the country’s strategic oil reserve to help perpetuate a rise in gasoline prices. Facing the rising consumer dissatisfaction ahead of Americans hit the road for the Thanksgiving holiday, Biden called it the “biggest ever report” when announcing the action in remarks Tuesday afternoon. “The bottom line: …

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Fighting gas prices, US. It. To release 50 million barrels of oil

WASHINGTON (AP) – President Joe Biden on Tuesday ordered 50 million barrels of oil released from the United States Strategic Reserve to help reduce energy costs, in coordination with other major energy-consuming nations, including India, the United Kingdom and China. The US. It. Action is aimed at global energy markets, but also to help Americans cope with higher inflation and …

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Elizabeth Holmes Testimony Day 3: Live Trial Updates

SAN JOSE, Calif. – After months of accusing her of lying about getting money for her blood testing start-up, Terrana’s Elizabeth Holmes, the notorious Silicon Valley entrepreneur on trial for fraud, sharpened her defense on Monday. In just under two hours of testimony, Ms. Holmes pushed back against accusations that she lied about Terranos’ work with drug companies. She also …

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Dollar Tree hikes prices 25%. Most items will cost $ 1.25

The company – one of America’s last remaining real dollar stores – said Tuesday that it will raise prices from $ 1 to $ 1.25 on the majority of its products by the first quarter of 2022. The change is a sign of the printing of Low-cost retailers. Prices during a period of rising inflation. Dollar Tree (DLTR) Said in …

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