S&P 500 Sees Declines Amid Interest Rate Concerns, Walgreens Stocks Surge

Reported about 14 hours ago

On January 10, 2025, the S&P 500 fell 1.5% as a surprising rise in December job growth raised fears about interest rate adjustments. While Constellation Brands' stocks dropped significantly after a sales forecast cut, Walgreens Boots Alliance saw a 27.6% surge following positive earnings, signaling progress in its turnaround strategy. Major market shifts were also influenced by ongoing issues for utility companies like PG&E amidst severe wildfires in California.

Source: YAHOO

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