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
The two indexes have closed lower for five straight sessions.
On Friday, stocks on Wall Street retreated as concerns over inflation and
Investors may be comforted by diplomatic efforts to de-escalate tensions.
The major market averages were mixed on Tuesday while yields climbed, as investors keenly await Federal Reserve's chair Jerome Powell's speech.
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.
Stocks fell ahead of Friday's jobs report as a rally in oil amid
Stocks Analysis by Declan Fallon covering: S&P 500, US Small Cap 2000, iShares Russell 2000 ETF, NASDAQ Composite. Read Declan Fallon's latest article on Investing.com