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Dow Jones Today: Stocks Rebound Ahead of Presidential Election

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Dow Jones Today: Stocks Rebound Ahead of Presidential Election Key Takeaways Market Movement Dow Jones up 0.6%, S&P 500 up 0.8%, Nasdaq up 1% as investors monitor election and Fed decision. Notable Gainers Palantir up 22%, Nvidia up 2%, Astera Labs up 30% following strong quarterly results. Interest Rates 10-year Treasury yield at 4.36%, reflecting Fed’s anticipated quarter-point rate cut on Thursday. Commodity Movements Crude oil up 1% following OPEC+ decision to extend output cuts; gold steady at $2,750/oz. U.S. stocks rebounded on Tuesday morning, recovering from recent losses as investors awaited the outcome of the U.S. presidential election and an anticipated interest rate decision from the Federal Reserve. The Dow Jones In...

Boeing Machinists Ratify New Contract Ending Strike

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Boeing Machinists Ratify New Contract Ending Strike Boeing Machinists Ratify New Contract Ending Strike Key Takeaways Resolution Boeing machinists ratified a new contract, ending their strike after securing higher wages and benefits. Pay Increase Final agreement provides a 38% pay raise over four years, up from the initial 25% offer. Ratification Bonus Workers receive a $7,000 bonus and a $5,000 401(k) contribution. Retirement Benefits Company match on 401(k) contributions increased to 100% for the first 8%, though no pension reinstatement. The Boeing machinists’ strike has concluded after workers ratified a new union contract on Monday. This contract, the third offered by Boeing after two prior rejections, addresses key issu...