Chinese Economy electric vehicle
Shares of industrial and transportation companies rose as the outlook for interest rates offset signs of slowing economic growth. Agricultural machinery maker Deere said it expects the difficult market conditions that weighed on its earnings and sales in 2025 to continue into next year, reflecting the impact of trade wars and inflation on agricultural economics. Continuing jobless claims rose to near four-week highs in the latest tally, suggesting that jobs are becoming harder to find, even as layoffs remain relatively low. The Federal Reserve’s regional survey of businesses, known as the “Beige book” showed lingering concern about the jobs market…
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