Wall Street Focuses on Inflation as Novo Nordisk Shares Drop

Reported 1 day ago

Wall Street is closely monitoring inflation data as the Federal Reserve anticipates only two rate cuts in 2025. The upcoming November PCE report is particularly significant for investors. Novo Nordisk's shares fell after revealing its experimental obesity drug achieved lower-than-expected weight loss results. Other stocks making headlines include Nike, FedEx, and Eli Lilly.

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