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Magnificent 7 Lead New York Stock Market Surge as Nasdaq Jumps 2.7%
The U.S. stock market, which had declined last week due to concerns over an "artificial intelligence (AI) bubble theory," closed higher on the 24th (local time). The market was led by technology stocks,
Factory activity in New York state unexpectedly picked up pace this month, as signals of demand improved, despite some dimming of optimism among manufacturers.
New York Fed President John Williams expects that "it will not be long before" the financial system reaches "ample" reserves, which determines how the Federal Reserve manages its balance sheet, he said on Wednesday.
The Syrian central bank on Thursday sent its first Swift message to the Federal Reserve Bank of New York, central bank Governor AbdulKader Husrieh told Reuters.
Remarks at 2025 U.S. Treasury Market Conference, Federal Reserve Bank of New York, New York City As prepared for delivery. It is a pleasure to offer closing remarks after another excellent U.S. Treasury Market Conference.
Supplies of the one-cent coin are plummeting. Businesses can't give exact change. Banks are struggling to resupply them. And amid it all, the federal government has said almost nothing.