November 14, 2023

Markets Now 11/14

Dow soars nearly 500 points as new data shows inflation continues to cool

Stocks climbed on Tuesday as Wall Street cheered the inflation cooldown in the latest economic data for October.  
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Analysis: You can thank China and record US oil output for lower gas prices

Softer Chinese demand and surging US production have combined to push crude oil prices down nearly 20% since September.  
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Home Depot earnings, sales fall but beats forecast

Home Depot reported slower earnings on weaker sales, although it still was able to beat Wall Street forecast.  
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This iconic jingle is making a comeback, and you won’t be able to get it out of your head

One of the most recognizable jingles in history is making a return.  
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Restaurant prices are way up. You might want to head to the supermarket

In the 12 months through October, higher restaurant prices drove food prices above overall inflation, even as grocery prices were relatively low.  
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‘Substantial doubt’ the owner of Trump’s Truth Social will survive, accountants warn

: ‘Substantial doubt’ the owner of Trump’s Truth Social will survive, accountants warn  
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Source: CNN Business

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