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Stock impact report

Western Digital Corporation (WDC): Among the Best Stocks to Buy for High Returns in 2024 [Yahoo! Finance]

Western Digital Corporation (WDC) 
Last western digital corporation earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.wdc.com
Company Research Source: Yahoo! Finance
Digital Corporation (NASDAQ:WDC) stands against the other stocks to buy for high returns. The broader market reached new record highs on October 11, driven by financial stocks posting stronger-than-expected quarterly results. Adding to investor optimism is the recent decline in U.S. inflation, which dropped to 2.4% in September, moving closer to the Federal Reserve's 2% target. This has fueled hopes of a potential quarter-point rate cut at the Fed's November meeting. As of October 16, the S&P 500 stood at 5842.47, only eight months after surpassing the 5,000 mark for the first time. Additionally, the September Consumer Price Index revealed a sharper-than-expected rise in consumer prices. However, Omair Sharif, president of Inflation Insights, told Yahoo Finance that while inflation data exceeded expectations, housing inflation is beginning to cool. He also noted a significant decline in food prices since the post-COVID surge, suggesting there are several positive trends to take away Show less Read more
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