U.S. stocks edged lower as investors navigated a mix of rising oil prices, corporate earnings signals, and shifting expectations around Federal Reserve policy. The Dow, S&P 500, and Nasdaq all turned down after early gains, reflecting a market grappling with geopolitical tensions and inflation concerns. Indexes Pull Back All three major indexes slipped roughly between 0.3% and 0.6%, giving back some of the previous session’s momentum. The downturn followed renewed volatility in energy markets and cautious sentiment around consumer spending. Oil Prices Add Fresh Pressure Crude prices extended their sharp rally, driven by heightened worries over a potential U.S.–Iran conflict. Brent crude climbed above $71 per barrel, while West Texas Intermediate hovered near $66 — its biggest daily jump since October. Rising energy costs revived inflation concerns and weighed on equities. Walmart Earnings in Focus Walmart posted stronger‑than‑expected results, but its cautious pro...
The trend of online shopping has been on the rise for years, and the 2023 holiday season was no exception. With the convenience of online shopping, consumers are able to purchase items from the comfort of their own homes. The rise of buy now, pay later options has also made it easier for consumers to make purchases without having to pay the full amount upfront.
Overall, the 2023 holiday season was a success for e-commerce, with record-breaking sales and a focus on value-driven purchases.
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