JPMorgan Chase & Co. has set up a dedicated sports investment banking team as Wall Street banks battle for fees in an increasingly competitive corner of the mergers and acquisitions market. The US bank has appointed Eric Menell and Gian Piero Sammartano to co-lead the new sports investment banking coverage group, according to an internal … Read more
US stocks were mixed on Tuesday ahead of the Federal Reserve’s interest rate decision due on Wednesday. At 9:52 a.m. ET, the Dow Jones Industrial Average was up 42.20 points, or 0.11 per cent, at 38,832.63, the S&P 500 was down 11.67 points, or 0.23 per cent, at 5,137.75, and the Nasdaq Composite was down … Read more
Stock Market Today: Dow, S&P Live Updates for March 19 Bloomberg Source link
US stocks rallied on Monday, as megacaps lifted Nasdaq higher ahead of the US Federal Reserve’s meeting this week. Fed policymakers are widely expected to keep interest rate unchanged as inflation data released last week showed that the consumer prices in the US rose in February. At 9:34 a.m. ET, the Dow Jones Industrial Average … Read more
Tech giants led gains in stocks at the start of a week that will bring a raft of central-bank decisions from the US to England and Japan. Equities rebounded from a recent pullback, with megacaps outpacing the broader market. Alphabet Inc. jumped as Bloomberg News reported Apple Inc. is in talks to build Google’s Gemini … Read more
A mishap with a cockpit seat may have thrust the pilot into the controls of a Boeing Co. 787 plane flying to New Zealand this week, triggering the sudden plunge that injured 50 passengers, the Wall Street Journal reportedBloomberg Terminal, citing US officials familiar with the investigation. A flight attendant serving a meal on the … Read more
US stock indices surged on Tuesday after the release of inflation data. At 10:30 a.m. Eastern time, the Dow Jones Industrial Average was up 215 points, or 0.6 per cent, the S&P 500 was 0.8 per cent higher, and the Nasdaq composite was 1 per cent higher. US inflation rose for a second straight month … Read more
Wall Street traders found little encouragement to keep pushing the stock market higher at the start of a week that will bring the last key inflation figures before the Federal Reserve decision. Equities retreated on Monday, with investors awaiting more clues on whether the recent uptick in consumer prices was just a blip or a … Read more
Traders work on the floor during morning trading at the New York Stock Exchange on March 6, 2024. Spencer Platt | Getty Images The U.S. Federal Reserve, meanwhile, is expected to begin cutting interest rates in June, potentially supplying a further boon to high-growth tech stocks. The sheer scale and narrow nature of the bull … Read more
US stocks declined on Tuesday ahead of a slew of economic data and Federal Reserve chair Jerome Powell’s congressional testimony. At 9:40 a.m. Eastern time, the Dow Jones Industrial Average was down 182 points, or 0.5 per cent, the S&P 500 was 0.5 per cent lower, and the Nasdaq composite was 0.9 per cent lower. … Read more