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Pre-Market Stock Futures: Futures are trading higher after the bulls charged early Wednesday after the August CPE inflation report came in better than expected. But by the close, the tech-heavy Nasdaq was the only major index to finish higher, ending at 26,861, up 0.24%, while the S&P 500 closed at 7,651, down 0.25%. The small-cap […]
Futures: The S&P 500 is trying to bounce off its 50-day line amid high oil prices and Treasury yields. Micron earnings easily beat.
Americans spent more than $160 billion last year using buy now, pay later plans, according to research published by Federal Reserve economists. “It has been very hard out there for a lot of people," said Sara Rathner, NerdWallet’s credit card expert. Pay-in-four plans, which generally allow consumers to pay for purchases in four installments over six weeks, accounted for about half of the $160 billion in buy now, pay later spending last year, according to the study.
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