The stock of Ibotta, a digital marketing platform backed by Walmart Inc., soared 27% in its trading debut on Thursday, after the deal priced at $88, a full $4 above its proposed price range. The company allows consumer packaged goods companies to offer promotions to customers through a network of p
Investors may be comforted by diplomatic efforts to de-escalate tensions.
The two indexes have closed lower for five straight sessions.
The world’s biggest bond market remained under pressure, with traders sifting through a slew of remarks from Federal Reserve speakers on speculation that policymakers will be in no rush to cut rates.
Stocks kicked off the week on a positive note, while bonds fell as data showed economic resilience and speculation grew that the Middle East conflict remains contained.
Stocks in Asia are primed for early declines after higher-than-expected US
Bonds in Asia fell sharply after higher-than-expected US inflation supported the view that the Federal Reserve is in no rush to cut interest rates.
Wall Street traders sent stocks and bonds sliding after a hotter-than-estimated inflation report signaled the Federal Reserve will be in no rush to cut interest rates this year.
On Friday, stocks on Wall Street retreated as concerns over inflation and
/PRNewswire/ -- Higher credit costs are expected to serve as a modest headwind to U.S. bank earnings this year, according to S&P Global Market Intelligence's
Wakefield Asset Management LLLP lessened its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO – Free Report) by 2.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 12,164 shares of the company’s stock after selling 256 shares during the quarter. Vanguard S&P 500 ETF accounts for 2.0% of Wakefield Asset Management LLLP’s investment portfolio, […]
US stocks fell sharply Wednesday morning after inflation data for March came in higher than expected. The blue-chip Dow was lower by 462 points, or 1.2%. The S&P 500 lost 1% and the Nasdaq Composite fell by 1%. US consumer prices picked up again last month, vaulting to a 3.5% increase for the 12 months ended in March, according to the latest Consumer Price Index data released Wednesday by the Bureau of Labor Statistics. That’s up considerably from February’s 3.2% rate and marks the highest...