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Nasdaq Closes Higher as More Earnings Roll In
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Fixed income should have more love in a ‘higher and hold’ world
The prospects for returns are much brighter, with bond yields at the highest levels since the global financial crisisFinancial Times - World -
Rolls-Royce SMRs construction approved by Polish Ministry
Yahoo News - World -
Fueled by Conley, Wolves roll by 45 to force G7
A "complete team" with veteran point guard Mike Conley back, the Wolves blew out the Nuggets by 45 points Thursday night to force Game 7.ESPN - Sports -
JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
Applied Materials’ stock dips despite upbeat earnings
The chip-equipment company’s revenue outlook exceeded expectations at the midpoint.MarketWatch - Business -
Engie Backs Outlook Despite Dip in Earnings
Engie reaffirmed expectations for the year after core earnings fell slightly in the first quarter, driven by declines from its networks and global energy management and sales businesses.The Wall Street Journal - World -
Brazil's government hikes 2024 GDP forecast, sees higher inflation, terminal rate
Yahoo News - World - Brazil -
Treasury yields end higher for first time in four sessions
Rates on U.S. government debt closed higher on Thursday, with 10- and 30-year yields bouncing off their lowest levels since early April, after a fresh round of data.MarketWatch - Business -
Stock market looks strong enough to stay in this higher orbit
Momentum has taken over the moment.MarketWatch - Business
More from The Wall Street Journal
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Retailers' Shelves Are Attractive Again. At Least for Skechers.
Footwear and apparel brand Skechers USA is getting a boost from its retail partner sales after more than a year of sluggish results in that category.The Wall Street Journal - World -
Private Equity Warms Up to Clean-Energy Tax Credits
Private-equity firms are beginning to tap a nascent market for clean-energy tax credits, betting on a boost to returns from helping project developers get better terms for the tradable credits.The Wall Street Journal - World -
Powerful Storm Slams Houston Killing at Least Four People
Severe thunderstorms hit southeastern Texas, leaving at least four people dead and hundreds of thousands of customers without power.The Wall Street Journal - World -
The Medicare Bubble Has Burst
The government health insurance program had been a gold mine for private insurers until recently.The Wall Street Journal - World -
Grant's Take: Retail Sales Don't Point to Rate Cut Just Yet
Walmart earnings give a different signal than what the latest Commerce Department data delivered.The Wall Street Journal - World