Stock Market Winners & Losers: S&P 500 Jumps to Record | TikTok Fights Its Ban in Court
The market is awaiting the Federal Reserve's key interest rate cut decision, which could impact Wall Street. Microsoft raised its quarterly dividend and approved a $60 billion stock buyback. Retail sales in August rose 0.1%, surpassing expectations of a decline.
Chipotle introduced "Autocado," a bot that preps avocados in seconds, saving time on guacamole prep. Gold hit a record high at $2,610, with projections it could reach $3,000 soon.
TikTok is appealing a potential US ban as ByteDance faces a January deadline to sell the app. US support for a ban has fallen to 32%, down from 50% in March. Social media rivals like Meta and YouTube could benefit if TikTok is banned.
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