This weekend will go a long way in determining whether James Cameron’s “Avatar: The Way of Water” will have a dominant box-office run.
It was a tale of two halves this week, with stocks rising at the start of the week before reversing course on hawkish sentiment from the Federal Reserve.
Wall Street is growing increasingly concerned that the Fed’s rate-hiking campaign will tip the U.S. economy into a recession.
Two key economic events take place next week, including the release of the November consumer price index report and the Federal Reserve’s December meeting.
Stocks closed up for the week on Friday, marking the first time since October the three major indexes saw consecutive weekly gains.
Mortgage rates continue to ease, but demand is not following, as there are few who can benefit from a refinance, and homebuyers are still facing high prices.
The country reported local infections, mostly asymptomatic, that totaled 38,421 for Monday, down from a record high of 40,052 reported for Sunday.
“We need to see the unemployment rate go higher, while wages remain stable and we get meaningful layoffs in some industries,” Cramer said.
Elon Musk said the Twitter “Verified” service would have a “gold check” for companies, a grey colored one for government accounts and a blue one for individuals.